Multi-Building Flex Industrial
2200 State Route 14 Geneva, NY 14456
For Sale
$489,000
Two-building flex site totaling 5,800 sq ft on 7 acres, positioned on Route 14 with ample parking.
Property Size5,800 SF
Lot Size7.00 Acres
Price / SF$84.31
Days on Market401
Property Features for 2200 State Route 14
General Information
Standard status
Active
Size
5,800 SF
Lot size
7.00 Acres
Listing Agency:
Century 21 Steve Davoli RE
(315) 945-0929
Listed By:
Kenneth W. Harris
(315) 945-0929
Source:
Exprealty
Added: Jun 24, 2025
Changed: Jul 28
Last Checked: Jul 28 at 2:31PM
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 Century 21 Steve Davoli RE
Investment Insights
Based on property information with market context.
For sale at 2200 State Route 14, Geneva, NY, this multi-building flex industrial property offers 5,800 sq ft of flexible space across two buildings. The configuration supports a range of uses including light industrial, warehouse, retail, and office operations.
Set on 7 acres with ample parking, the site is located on high-traffic Route 14 and provides visibility and accessibility. The property is just minutes from the New York State Thruway (I-90) and is positioned between Rochester and Syracuse in the Finger Lakes region.
The overall site layout allows for room for expansion while maintaining a centralized setup intended to serve clients and operations across Upstate New York.
Set on 7 acres with ample parking, the site is located on high-traffic Route 14 and provides visibility and accessibility. The property is just minutes from the New York State Thruway (I-90) and is positioned between Rochester and Syracuse in the Finger Lakes region.
The overall site layout allows for room for expansion while maintaining a centralized setup intended to serve clients and operations across Upstate New York.
Key Highlights
- Two‑building commercial/flex site totaling 5,800 sq ft
- Set on 7 acres with space suitable for light industrial, warehouse, retail, or office uses
- Located on State Route 14 with high‑traffic road frontage
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.0k | $9.48 |
| − Vacancy | −$4.1k | −$0.70 |
| EGI | $50.9k | $8.78 |
| − OpEx | −$7.6k | −$1.32 |
| NOI | $43.3k | $7.46 |
5,800 SF · lease $9.48/SF/yr · vacancy 7.40% · expense 15.00%
Alternative Uses
Best Use
Retail
$1.07M
$937.2K – $1.25M
NOI $74,976 @ 7.0% cap · market cap 15.33%
Second Best
Warehouse
$618.3K
$541.0K – $721.3K
NOI $43,278 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,522 @ 7.0% cap · market cap 24.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Two-building flex site totaling 5,800 sq ft on 7 acres, positioned on Route 14 with ample parking.
Where is this flex space located?
The property is located at 2200 State Route 14 Geneva, NY.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Two‑building commercial/flex site totaling 5,800 sq ft; Set on 7 acres with space suitable for light industrial, warehouse, retail, or office uses; Located on State Route 14 with high‑traffic road frontage
