Office-Warehouse Flex
5615 BUSINESS AVE CICERO NY 13039-9574, Cicero, NY 13039
For Sale
New
Contact for pricing
Office and warehouse areas accommodate staff work as well as equipment and supply storage.
Property Size5,000 SF
Lot Size0.59 Acres
Price / SF$99.80
Days on Market6
Property Features for 5615 BUSINESS AVE CICERO NY 13039-9574
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Warehouse & Industrial
Warehouse Space
Office Build-Out
Drive-In Doors
Power
Three-Phase Power
Additional Details
Property Use
Amenities
conference room
kitchen
Building Details
Buildings
Building Size
Listing Agency:
Acropolis Realty Group
Listed By:
Monira Alozaime · License #10401379152
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 4:10PM
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 Acropolis Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property contains approximately 5,000 SF, divided between 3,500 SF of office space and 1,500 SF of warehouse area. The office portion includes eight private offices, a conference room, and a kitchen. Warehouse access is provided by a 10′ × 12′ drive-in door. The building has 200-amp three-phase power, and its roof was replaced in 2021. The property occupies 0.59 acres with on-site parking.
The site is just off Brewerton Road, with access to I-81. Micron’s semiconductor campus site in Clay is approximately five miles away.
The site is just off Brewerton Road, with access to I-81. Micron’s semiconductor campus site in Clay is approximately five miles away.
Key Highlights
- Approximately 5,000 SF building: 3,500 SF of office space and 1,500 SF of warehouse space
- Eight private offices, a conference room, and a kitchen
- 10′ × 12′ drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,262
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,240
$545.2K
Cap Rate 7%
$389,457
$389.5K
Cap Rate 9%
$302,911
$302.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$34.5K $6.89/SF
− Vacancy
−$2.4K −$0.48/SF
EGI
$32.1K $6.41/SF
− OpEx
−$4.8K −$0.96/SF
NOI
$27.3K $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%
$545,240
Cap Rate 7%
$389,457
Cap Rate 9%
$302,911
Alternative Uses
Best Use
Warehouse
$389.5K
$340.8K – $454.4K
NOI $27,262 @ 7.0% cap · market cap 5.46%
Second Best
Industrial
$320.7K
$280.6K – $374.2K
NOI $22,451 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$868.9K
$760.3K – $1.01M
NOI $60,826 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13039, NY
17,485
Population
7,241
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
96%
High-School Grad
23.6 sq mi
ZIP Area
741
Density / Sq Mi
$108,694
Median Household Income
$55,445
Median Earnings
$1,055
Median Rent
$228,800
Median Home Value
Market
Average Price Trend$/SF for Flex space in Onondaga County, NY
Properties on Market for Flex space in Onondaga County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Moe's Southwest Grill — 5663 Cir Dr E, Cicero, NY 13039
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas accommodate staff work as well as equipment and supply storage.
Where is this flex space located?
The property is located at 5615 BUSINESS AVE CICERO NY 13039-9574 Cicero, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 5,000 SF building: 3,500 SF of office space and 1,500 SF of warehouse space; Eight private offices, a conference room, and a kitchen; 10′ × 12′ drive‑in door
