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    The Largest CRE Database in the US with Over 1 Million Listings

    8125 Thompson Rd Cicero, NY 13039

    Sponsored
    For Sale
    Pending
    $1,100,000

    COMMERCIAL - Cicero, NY

    Property size:
    14,736 SF
    Lot size:
    1.22 Acres
    Days on Market:
    103
    Last Refresh:
    Feb 14 at 12:06 pm

    Property Features for 8125 Thompson Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    GC
    APN
    312289-051-000-0001-033-001-0000
    Parking
    36
    Parking features
    Paved or Surfaced
    Size
    14,736 SF
    Lot size
    1.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1971
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Masonry, MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Adrian J. Nugent

    Berkshire Hathaway HomeServices CNY Realty (315) 218-1480

    Listing agent Adrian J. Nugent (315) 218-7171 License #30NU0789833

    Listing date Nov 4, 2025

    MLS# S1643388

    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.

    Learn more

    Property Insight Report

    Overview

    Industrial/Commercial Space Near Micron

    This commercial property in Cicero, NY, offers 14,736 square feet of space suitable for light industrial manufacturing or warehouse use on a 1.22-acre lot. Constructed in 1971 with steel and masonry, the building provides durability and functional flexibility. The layout includes approximately 12,936 square feet of warehouse space, featuring a 14 ft clear height, three grade-level doors, and an open floor plan suitable for manufacturing, light industrial use, storage, and distribution. An additional 1,800 square feet of office space includes both private and open areas, providing workspace for administrative, managerial, or tenant use. The property also features rental opportunities for additional income and a one-bedroom apartment for a live/work setup. Parking is available for 36 cars. Zoned General Commercial District, this property can accommodate a variety of businesses. It offers high visibility and easy access to highways, the airport, transportation routes, and the Syracuse metro area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Life Storage - Cicero, Vintage Motors & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Onondaga
    State
    New York
    Longitude
    -76.093171
    Latitude
    43.163438

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    FAQs

    What type of property is this?
    Warehouse - 14,736 SF industrial/commercial building on 1.22 acres in Cicero, NY.
    Where is this warehouse located?
    The property is located at 8125 Thompson Rd Cicero, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime location near Micron, offering significant business opportunities.; - Large 14,736 sq ft building on 1.22 acres suitable for light industrial, manufacturing, or warehouse use.; - Features **12,936 sq ft of warehouse space** with 14 ft clear height and 3 grade-level doors.
    (315) 263-1933
    Request Owner's contact information
    8125 Thompson Rd Cicero, NY 13039
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    Cicero, NY 13039
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8125 Thompson Rd Cicero, NY 13039
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    We can help!
    Listing Contact
    Adrian J. Nugent
    Real Estate License ID: 30NU0789833
    (315) 263-1933 (315) 218-7171
    Learn more
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