Flex Building with
For Sale
$700,000
3300 Court St, Syracuse, NY 13206
Three private examination rooms and separate entrances support a layout that can accommodate one or two businesses.
Property Size8,530 SF
Price / SF$82.06
Days on Market17
Property Features for 3300 Court St
General Information
Standard status
Active
Size
8,530 SF
Additional Details
Drive-In Doors
2
Property Use
Flex
Taxes and HOA fees
Annual Taxes
$17,381
Listing Agency:
Adolfi Real Estate, Inc.
Listed By:
Kyle Eaton · License #10401382638
(315) 695-6434
Source:
Exprealty
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 30 at 2:54PM
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 Adolfi Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 8,530-square-foot flex property combines a spacious front area with a large rear warehouse equipped with electricity and heat. The existing configuration serves one business, and the layout can be changed to create two business spaces with separate entrances. Three private examination rooms are also part of the building.
The property is less than one mile from Shop City in Eastwood, Syracuse.
The property is less than one mile from Shop City in Eastwood, Syracuse.
Key Highlights
- 8,530‑square‑foot flex building
- Large rear warehouse with electricity and heat
- Three private examination rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,171
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,420
$923.4K
Cap Rate 7%
$659,586
$659.6K
Cap Rate 9%
$513,011
$513.0K
Market Conditions
NOI Build-Up for 8,530 SF
Gross rent
$58.3K $6.84/SF
− Vacancy
−$4.0K −$0.47/SF
EGI
$54.3K $6.37/SF
− OpEx
−$8.1K −$0.96/SF
NOI
$46.2K $5.41/SF
Area
Syracuse, NY
Vacancy
6.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,420
Cap Rate 7%
$659,586
Cap Rate 9%
$513,011
Alternative Uses
Best Use
Flex RnD
$1.10M
$966.8K – $1.29M
NOI $77,346 @ 7.0% cap · market cap 11.05%
Second Best
Warehouse
$659.6K
$577.1K – $769.5K
NOI $46,171 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,768 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
632
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Syracuse, NY
Similar Off Market Nearby
- Shop city catering — 1802 Teall Ave unit 173, Syracuse, NY 13206
- Spectrum Food Services Associates — 202 Twin Oaks Dr, Syracuse, NY 13206
Frequently Asked Questions
What type of property is this?
Flex space - Three private examination rooms and separate entrances support a layout that can accommodate one or two businesses.
Where is this flex space located?
The property is located at 3300 Court St Syracuse, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 8,530‑square‑foot flex building; Large rear warehouse with electricity and heat; Three private examination rooms
