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    5575 Thompson Rd Syracuse, NY 13214

    Sponsored
    For Sale
    $425,000

    Modern office building, 4696 sq ft, 0.87 acres.

    Property size:
    4,696 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4,696 square foot office building presents a unique investment opportunity in a prime Syracuse location. Highly visible from Erie Boulevard and the soon-to-be-renovated Shoppingtown mall, this modern structure boasts a sophisticated design by Hueber Hares and Glavin, featuring cathedral ceilings, skylights, brick accents, and built-in shelving. The flexible floor plan includes spacious conference rooms, numerous individual offices, kitchenettes, and multiple bathrooms. Three separate entrances (including a handicapped-accessible entrance) provide convenient access, complemented by internal front and back stairways and an elevator. A large, adaptable first-floor room features an accordion dividing partition, offering versatile space planning options. Ample storage is available throughout the building, along with a heated attached garage. The 0.87-acre lot provides 15-18 parking spaces, including designated handicapped spots. Its convenient location offers easy access to major highways and nearby communities like Fayetteville, Manlius, and downtown Syracuse. The property's zoning allows for diverse use applications, making it ideal for a variety of businesses. This is a truly magnificent, well-maintained building ready for its next chapter. Contact us today to explore the possibilities.

    Property Features for 5575 Thompson Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,696 SF
    Lot Size
    37,897 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    United Church of Christ ... Association Or Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.06746
    Latitude
    43.04009

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    FAQs

    What type of property is this?
    Office Property / Space - Modern office building, 4696 sq ft, 0.87 acres.
    Where is this office property / space located?
    The property is located at 5575 Thompson Rd Syracuse, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    (315) 701-6900
    Request Owner's contact information
    5575 Thompson Rd Syracuse, NY 13214
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    Syracuse, NY 13214
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    Realmo Value Estimation

    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.

    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.

    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
    5575 Thompson Rd Syracuse, NY 13214
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