Flex Space with High
For Sale
Contact for pricing
143 Midler Park Dr, Syracuse, NY 13206
Adaptable commercial space with block construction, prior lab use, and on-site parking.
Property Size5,000 SF
Price / SF$82
Days on Market408
Property Features for 143 Midler Park Dr
General Information
Standard status
Active
Size
5,000 SF
Total Parking Spaces
15
Property subtype
INDUSTRIAL
Additional Details
Clear Height
15 ft
Building Details
Construction
roll out roof block building
Listing Agency:
Sutton Real Estate Company - Corporate
(315) 424-1111
Listed By:
Kenneth Tyminski · License #30TY0923669
(315) 243-4678
Source:
Moodyscre
Added: Sep 3, 2025
Changed: Sep 14
Last Checked: Oct 15 at 2:45AM
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 Sutton Real Estate Company - Corporate
Investment Insights
Based on property information with market context.
This flex space contains approximately 5,000 square feet in a block-constructed building with a maximum ceiling height of approximately 15 feet. The property was previously configured for lab use and offers an adaptable commercial layout for a range of potential purposes.
Located at 143 Midler Park Dr in Syracuse, the property includes approximately 15 parking spaces. Its combination of flexible space, substantial ceiling clearance, and existing parking supports a variety of commercial occupancy plans.
Located at 143 Midler Park Dr in Syracuse, the property includes approximately 15 parking spaces. Its combination of flexible space, substantial ceiling clearance, and existing parking supports a variety of commercial occupancy plans.
Key Highlights
- Approx 5000+/- SF of flex space
- Previously configured as lab space
- Maximum ceiling height: approx. 15 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,288
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,760
$445.8K
Cap Rate 7%
$318,400
$318.4K
Cap Rate 9%
$247,644
$247.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$34.2K $6.84/SF
− Vacancy
−$2.4K −$0.47/SF
EGI
$31.8K $6.37/SF
− OpEx
−$9.6K −$1.91/SF
NOI
$22.3K $4.46/SF
Area
Syracuse, NY
Vacancy
6.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,760
Cap Rate 7%
$318,400
Cap Rate 9%
$247,644
Alternative Uses
Best Use
Flex RnD
$647.7K
$566.7K – $755.6K
NOI $45,338 @ 7.0% cap · market cap 11.06%
Second Best
Industrial
$318.4K
$278.6K – $371.5K
NOI $22,288 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$868.9K
$760.3K – $1.01M
NOI $60,826 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
15 ft
Clear height
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Industrial in Syracuse, NY
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial space with block construction, prior lab use, and on-site parking.
Where is this flex space located?
The property is located at 143 Midler Park Dr Syracuse, NY.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Approx 5000+/- SF of flex space; Previously configured as lab space; Maximum ceiling height: approx. 15 feet
