Flex Space with Shop
For Sale
$358,000
Pending
6730 Townline Road, Syracuse, NY 13211
CommercialSale, Syracuse, NY
Property Size4,408 SF
Lot Size0.24 Acres
Days on Market307
Property Features for 6730 Townline Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Com1-06
Zoning description
Commercial
Parking
12
Lot features
Rectangular, Rectangular Lot
High school
East Syracuse-Minoa Central High
Elementary school district
East Syracuse-Minoa
Middle school district
East Syracuse-Minoa
High school district
East Syracuse-Minoa
Directions
From Mattydale Route 11 to E Molloy Rd, right onto Townline Road. This is before the bridge so avoid the detour and take a right onto Townline Rd. building is on left at 6730 Townline Rd. Left of Coffee King Building.
Subdivision
Dewitt-312689
Standard status
Pending
APN
312689-022-000-0001-005-001-0000
Size
4,408 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
6575
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Zoned, Natural Gas
Cooling system
Zoned, Central Air
Water source
Public
Amenities
cafeteria/break room
security system with exterior cameras
updated phone/communication wiring
multi-zone heating and air conditioning
handicap-accessible restrooms
Building Details
Year built
1975
Floors in Building
1
Flooring type
Vinyl, Concrete, Linoleum, Carpet
Roof type
Membrane, Rubber
Listing Agency:
MyTown Realty LLC
Listed By:
David J. Manzano Sr. · License #30MA0711340
(315) 497-6500
Added: Nov 21, 2025
Changed: Sep 16
Last Checked: Sep 24 at 6:06PM
MLS# S1652079
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,408-square-foot flex property, built in 1975, provides a combination of office, service, and storage areas. The interior includes six front offices, two front restrooms with handicap access, a cafeteria or break room, and a rear conference area with two additional bathrooms. A 25' x 38' shop includes a compressor and air lines, while the rear garage and storage area is fitted with a 10' overhead door.
Front and rear parking accommodates approximately 12 vehicles, with additional parking potential along the left side of the property. The building has multi-zone heating and air conditioning, natural gas forced-air heat, central air, public water and sewer, a rubber membrane roof, security cameras, and updated phone and communications wiring. Furniture may be negotiated separately.
Front and rear parking accommodates approximately 12 vehicles, with additional parking potential along the left side of the property. The building has multi-zone heating and air conditioning, natural gas forced-air heat, central air, public water and sewer, a rubber membrane roof, security cameras, and updated phone and communications wiring. Furniture may be negotiated separately.
Key Highlights
- 4,408‑square‑foot flex building on 0.24 acres
- Six front offices plus rear conference and training area
- 25' x 38' shop with compressor and air lines
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,649
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$392,980
$393.0K
Cap Rate 7%
$280,700
$280.7K
Cap Rate 9%
$218,322
$218.3K
Market Conditions
NOI Build-Up for 4,408 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.2K $6.84/SF
− Vacancy
−$2.1K −$0.47/SF
EGI
$28.1K $6.37/SF
− OpEx
−$8.4K −$1.91/SF
NOI
$19.6K $4.46/SF
Area
Syracuse, NY
Vacancy
6.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$392,980
Cap Rate 7%
$280,700
Cap Rate 9%
$218,322
Alternative Uses
Best Use
Office B
$605.7K
$530.0K – $706.7K
NOI $42,399 @ 7.0% cap · market cap 11.84%
Second Best
Flex RnD
$571.0K
$499.6K – $666.2K
NOI $39,970 @ 7.0% cap · market cap 11.16%
Theoretical Best
Office A
$766.1K
$670.3K – $893.7K
NOI $53,624 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13211, NY
6,382
Population
2,624
Households
2.4
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
1,387
Density / Sq Mi
$67,672
Median Household Income
$39,118
Median Earnings
$1,073
Median Rent
$115,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Syracuse, NY
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial layout combines office suites, production space, and garage access with zoned heating and cooling.
Where is this flex space located?
The property is located at 6730 Townline Road Syracuse, NY.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: 4,408‑square‑foot flex building on 0.24 acres; Six front offices plus rear conference and training area; 25' x 38' shop with compressor and air lines
