Industrial Building with Overhead
302 Stoutenger St East Syracuse, NY 13057
For Sale
Contact for pricing
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 Market154
Property Features for 302 Stoutenger St
General Information
Standard status
Active
Size
22,500 SF
Lot size
1.11 Acres
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Syracuse
(315) 491-3646
Listed By:
Bill Anninos · License #30AN0998974
(315) 491-3646
Source:
Moodyscre
Added: Feb 25
Changed: Jul 25
Last Checked: Jul 28 at 4:16PM
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
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 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 | $155.0k | $6.89 |
| − Vacancy | −$10.7k | −$0.48 |
| EGI | $144.3k | $6.41 |
| − OpEx | −$21.6k | −$0.96 |
| NOI | $122.7k | $5.45 |
22,500 SF · lease $6.89/SF/yr · vacancy 6.90% · expense 15.00%
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.
Property Analytics
Location Intelligence
Current Use
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
- SecureScan — 3 Chevy Dr, East Syracuse, NY 13057
- Detail Johnny LLC — 101 Johnson St, 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
