Lower-Level Warehouse
For Sale
Contact for pricing
114 Ball Circle, Syracuse, NY 13210
Open warehouse layout with two overhead doors and separate entrance space.
Property Size9,767 SF
Price / SF$0.19
Days on Market97
Property Features for 114 Ball Circle
General Information
Standard status
Active
Size
9,767 SF
Property subtype
CommercialLease
Listing Agency:
Acropolis Realty Group LLC
Listed By:
Chelsea Van Horn · License #10401333642
(315) 396-0493
Source:
Nicholcityrealty
Added: Jul 12
Changed: Oct 12
Last Checked: Oct 14 at 10:20PM
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 Acropolis Realty Group LLC
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Investment Insights
Based on property information with market context.
Lower-level warehouse space offers two large open areas along with additional space at the entrance. The configuration provides a straightforward warehouse layout with room for flexible storage or operational use.
Access is provided by two overhead doors, measuring approximately 10 feet by 10 feet and 8 feet by 7 feet. The space is available immediately under an NNN lease structure.
Access is provided by two overhead doors, measuring approximately 10 feet by 10 feet and 8 feet by 7 feet. The space is available immediately under an NNN lease structure.
Key Highlights
- Lower‑level warehouse configuration with two large open areas
- Two overhead doors provide direct loading access
- Overhead doors measure approximately 10'x10' and 8'x7'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,867
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,340
$1.1M
Cap Rate 7%
$755,243
$755.2K
Cap Rate 9%
$587,411
$587.4K
Market Conditions
NOI Build-Up for 9,767 SF
Gross rent
$66.8K $6.84/SF
− Vacancy
−$4.6K −$0.47/SF
EGI
$62.2K $6.37/SF
− OpEx
−$9.3K −$0.96/SF
NOI
$52.9K $5.41/SF
Area
Syracuse, NY
Vacancy
6.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,340
Cap Rate 7%
$755,243
Cap Rate 9%
$587,411
Alternative Uses
Best Use
Warehouse
$755.2K
$660.8K – $881.1K
NOI $52,867 @ 7.0% cap · market cap 2,782.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,817 @ 7.0% cap · market cap 6,253.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13210, NY
23,150
Population
9,774
Households
2.4
Avg Household Size
27
Median Age
50%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
6,092
Density / Sq Mi
$38,783
Median Household Income
$20,554
Median Earnings
$1,081
Median Rent
$167,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Syracuse, NY
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Warehouse - Open warehouse layout with two overhead doors and separate entrance space.
Where is this warehouse located?
The property is located at 114 Ball Circle Syracuse, NY.
What are key features of this property?
This property features: Lower‑level warehouse configuration with two large open areas; Two overhead doors provide direct loading access; Overhead doors measure approximately 10'x10' and 8'x7'
