Industrial Building with Overhead
For Sale
Contact for pricing
302 Stoutenger St, East Syracuse, NY 13057
Industrial building for sale featuring a 15-by-12 overhead door at grade plus dock-height doors and radiant heat.
Property Size22,500 SF
Lot Size1.11 Acres
Price / SF$60
Days on Market245
Property Features for 302 Stoutenger St
General Information
Standard status
Active
Size
22,500 SF
Lot size
1.11 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Dock-High Doors
2
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1968
Listing Agency:
CBRE | Syracuse
(315) 422-4200
Listed By:
Bill Anninos · License #30AN0998974
(315) 491-3646
Source:
Moodyscre
Added: Feb 25
Changed: Oct 25
Last Checked: Oct 28 at 9:15AM
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 CBRE | Syracuse
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Investment Insights
Based on property information with market context.
This 22,500-square-foot industrial building on an 1.11-acre lot was built in 1968 and expanded in 1972. The property includes an overhead door at grade measuring 15 feet by 12 feet, as well as two dock-height doors. The front of the building provides 11,000 square feet with a 16-foot clear ceiling height.
The facility is served by a 600A, 240V, 3-phase electrical service and includes radiant heat. Access is supported by quick routes to the I-690 and I-481 interchange at Bridge Street.
Designed for practical loading and warehouse storage, the building offers both at-grade and dock-height options alongside the noted ceiling height in the front portion of the structure.
The facility is served by a 600A, 240V, 3-phase electrical service and includes radiant heat. Access is supported by quick routes to the I-690 and I-481 interchange at Bridge Street.
Designed for practical loading and warehouse storage, the building offers both at-grade and dock-height options alongside the noted ceiling height in the front portion of the structure.
Key Highlights
- 22,500 SF industrial building for sale on a 1.11‑acre lot
- 1522 x 1222 overhead door at grade, plus 2 dock‑height doors
- 11,000 SF front building area with 1627 clear ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,679
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,453,580
$2.5M
Cap Rate 7%
$1,752,557
$1.8M
Cap Rate 9%
$1,363,100
$1.4M
Market Conditions
NOI Build-Up for 22,500 SF
Gross rent
$155.0K $6.89/SF
− Vacancy
−$10.7K −$0.48/SF
EGI
$144.3K $6.41/SF
− OpEx
−$21.6K −$0.96/SF
NOI
$122.7K $5.45/SF
Area
Onondaga County, NY
Vacancy
6.90%
Lease Rate
$6.89 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,453,580
Cap Rate 7%
$1,752,557
Cap Rate 9%
$1,363,100
Alternative Uses
Best Use
Warehouse
$1.75M
$1.53M – $2.04M
NOI $122,679 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,715 @ 7.0% cap · market cap 20.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 13057, NY
14,676
Population
6,744
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
93%
High-School Grad
27.7 sq mi
ZIP Area
530
Density / Sq Mi
$77,908
Median Household Income
$47,531
Median Earnings
$990
Median Rent
$159,800
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 Northeast region
Similar Off Market Nearby
- Whirlybird Storage Units — 5081 Whirlybird Ln 1st floor, East Syracuse, NY 13057
- USA Self Storage — 339 W 2nd St, East Syracuse, NY 13057
- Detail Johnny LLC — 101 Johnson St, East Syracuse, NY 13057
- SecureScan — 3 Chevy Dr, East Syracuse, NY 13057
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building for sale featuring a 15-by-12 overhead door at grade plus dock-height doors and radiant heat.
Where is this warehouse located?
The property is located at 302 Stoutenger St East Syracuse, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 22,500 SF industrial building for sale on a 1.11‑acre lot; 1522 x 1222 overhead door at grade, plus 2 dock‑height doors; 11,000 SF front building area with 1627 clear ceiling height
