Office Building with LED
For Sale
Contact for pricing
105 Twin Oaks Dr, Syracuse, NY 13206
Ample parking and updated interior lighting support the property’s office configuration.
Property Size15,299 SF
Price / SF$127.46
Days on Market588
Property Features for 105 Twin Oaks Dr
General Information
Standard status
Active
Size
15,299 SF
Property subtype
OFFICE
Amenities
New LED lighting throughout
Listing Agency:
Pemco Group, Inc.
(315) 476-1273
Listed By:
Peter Muserlian, Jr.
Source:
Moodyscre
Added: Mar 7, 2025
Changed: Oct 6
Last Checked: Oct 16 at 10:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pemco Group, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 15,299-square-foot office building at 105 Twin Oaks Dr provides a substantial commercial footprint for office use. New LED lighting has been installed throughout the building, providing an updated lighting system across the property.
Ample parking is available, adding practical convenience for occupants and visitors. The property is located in Syracuse, New York, at 105 Twin Oaks Dr, 13206.
Ample parking is available, adding practical convenience for occupants and visitors. The property is located in Syracuse, New York, at 105 Twin Oaks Dr, 13206.
Key Highlights
- 15,299‑square‑foot office building
- New LED lighting installed throughout
- Ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,157
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,943,140
$2.9M
Cap Rate 7%
$2,102,243
$2.1M
Cap Rate 9%
$1,635,078
$1.6M
Market Conditions
NOI Build-Up for 15,299 SF
Gross rent
$229.5K $15.00/SF
− Vacancy
−$33.3K −$2.18/SF
EGI
$196.2K $12.83/SF
− OpEx
−$49.1K −$3.21/SF
NOI
$147.2K $9.62/SF
Area
Syracuse, NY
Vacancy
14.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,943,140
Cap Rate 7%
$2,102,243
Cap Rate 9%
$1,635,078
Alternative Uses
Best Use
Office B
$2.10M
$1.84M – $2.45M
NOI $147,157 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,114 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Explore this area
Business Placement
Demographics for 13206, NY
16,599
Population
8,460
Households
2
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,049
Density / Sq Mi
$60,314
Median Household Income
$40,429
Median Earnings
$952
Median Rent
$130,300
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
Frequently Asked Questions
What type of property is this?
Office building - Ample parking and updated interior lighting support the property’s office configuration.
Where is this office building located?
The property is located at 105 Twin Oaks Dr Syracuse, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 15,299‑square‑foot office building; New LED lighting installed throughout; Ample parking
