Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6731 Fly Rd East Syracuse, NY 13057

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New Class A medical/office or office/warehouse facility for lease.

    Property size:
    26,000 SF
    Lot size:
    4.30 Acres

    Property Features for 6731 Fly Rd

    General Information

    Size
    26,000 SF
    Lot size
    4.30 Acres

    We can help!

    Listing Contact
    Ed Rogers
    Source: Moodyscre

    Listing Agent: Ed Rogers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Development Opportunity in Syracuse

    A development opportunity is available in East Syracuse involving the construction of a Class A medical/office building spanning 26,000 square feet or an office/warehousing facility of 30,000 square feet. Located at the corner of Fly and Myers Road, the development will offer suites ranging in size from 4,000 to 30,000 square feet, suitable for either medical/office or office/warehousing purposes.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    East Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.060413
    Latitude
    43.099637

    Nearby Similar for Lease

    • $1,900 /Mo
      14,506 SF

      East Syracuse Commercial Space Available

      Class A office space in desirable East Syracuse location.
      5710 Commons Park, East Syracuse, NY 13057
      View Details
    • $18 SF/Yr
      32,406 SF

      Office Space with Private Entry

      Ground floor office suite with private entry and ample windows.
      6007 Fair Lakes Rd, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      17,310 SF

      Renovated Retail and Office Space

      Newly renovated retail and office spaces available for lease.
      7027-7041 Manlius Center Rd, E Syracuse, NY 13057
      View Details
    • $11 SF/Yr
      2,521 SF

      Dewitt Office Space For Rent

      Class B office space in Dewitt, near retail and highways.
      6519 Towpath Rd, East Syracuse, NY 13057
      View Details
    • $23 SF/Yr
      89,000 SF

      Brittonfield Parkway Medical Office

      Class A Medical Office Suites Available
      4939 Brittonfield Pkwy, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      710 SF

      Kirkville Road Medical/Office Suites

      Medical/office suites for lease near I-481 in East Syracuse.
      6700 Kirkville Rd, E Syracuse, NY 13057
      View Details
    • Contact for pricing
      269,500 SF

      High-Bay Warehouse and Tech Space

      New high-tech/warehousing building with high-bay ceiling clearance and optional rail.
      6457 Fly Rd, East Syracuse, NY 13057
      View Details
    • $14 SF/Yr
      30,000 SF

      New Warehouse Construction Opportunity

      Proposed warehouse construction with exterior storage in East Syracuse, NY.
      6808 Crossbow Dr, East Syracuse, NY 13057
      View Details
    • $14 SF/Yr
      20,000 SF

      New Warehouse Construction Opportunity

      Proposed warehouse construction with exterior storage in East Syracuse, NY.
      6822 Crossbow Dr, East Syracuse, NY 13057
      View Details
    • $4,220 /Mo
      5,064 SF

      East Syracuse Office Building For Rent

      5,064 SF office building with yard and generator.
      6331 E Molloy Rd, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      3,330 SF

      Flex Building Near Interstate 481

      25,000 SF flex building suitable for various business types.
      6731 Collamer Rd, E Syracuse, NY 13057
      View Details
    • Contact for pricing
      1,895 SF

      Furnished Office Space Available

      Move-in ready office space with flexible lease terms.
      5000 Campuswood Dr, East Syracuse, NY 13057
      View Details

    FAQs

    What type of property is this?
    Medical office - New Class A medical/office or office/warehouse facility for lease.
    Where is this medical office located?
    The property is located at 6731 Fly Rd East Syracuse, NY.
    What are key features of this property?
    This property features: - Customizable space: Suites available from 4,000 to 30,000 square feet.; - New construction: Opportunity to occupy a Class A medical/office building or office/warehousing facility.; - Flexible building options: Choice between a medical/office building or an office/warehousing facility.
    (315) 427-8510
    Request Owner's contact information
    6731 Fly Rd East Syracuse, NY 13057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6731 Fly Rd
    East Syracuse, NY 13057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    6731 Fly Rd East Syracuse, NY 13057
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ed Rogers
    (315) 427-8510
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.