Industrial Flex Building with
6489 Ridings Road Syracuse, NY 13206
6489 Ridings Road, Syracuse, NY, 13206
$795,000
For Sale
$795,000
Industrial flex building offers climate-controlled office, flex, and warehouse space with heavy power, drive-in and dock doors.
Property Size8,000 SF
Price / SF$99.38
Days on Market68
Property Features for 6489 Ridings Road
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Industrial
Listing agency
Syracuse Office
(315) 445-8529
Listed by
Gary G. Cottet · License #30CO0923433
(315) 445-8529
Source
Pyramidbrokerage
Added: May 15 Updated: Jul 20 at 7:48PM Checked: Jul 21 at 3:03AM
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 Syracuse Office
Investment Insights
Based on property information with market context.
This industrial flex building includes a mix of office, flex, and warehouse areas totaling approximately 8,000 SF. The layout features about 2,200+/- SF of office space, 2,800+/- SF of flex space with a large training room, and about 3,000+/- SF of warehouse. The building is 100% climate controlled, with 10'9" ceiling height, and heavy power. There are both a drive-in door and a dock door, and the interior has no bearing walls, allowing for reconfiguration.
Access is provided via the drive-in and dock doors, supporting a range of industrial and service-oriented uses. The property is for sale near Carrier Circle.
The open interior configuration and climate-controlled design make the building well-suited for tenants seeking adaptable industrial space, including service, training, manufacturing, or high-tech use.
Access is provided via the drive-in and dock doors, supporting a range of industrial and service-oriented uses. The property is for sale near Carrier Circle.
The open interior configuration and climate-controlled design make the building well-suited for tenants seeking adaptable industrial space, including service, training, manufacturing, or high-tech use.
Key Highlights
- About 8,000 SF industrial flex building near Carrier Circle
- Space includes approximately 2,200+/- SF office, 2,800+/- SF flex (large training room), and 3,000+/- SF warehouse
- 100% climate controlled building
Local Financial Insights For Flex RnD
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 | $120.0k | $15.00 |
| − Vacancy | −$8.4k | −$1.05 |
| EGI | $111.6k | $13.95 |
| − OpEx | −$39.1k | −$4.88 |
| NOI | $72.5k | $9.07 |
8,000 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.10M
$961.9K – $1.28M
NOI $76,950 @ 7.0% cap · market cap 9.68%
Second Best
Flex RnD
$1.04M
$906.8K – $1.21M
NOI $72,540 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,321 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Millwrights Local 1163
Advocacy Group
Virtual Medical Sales
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Spectrum Food Services Associates — 202 Twin Oaks Dr, Syracuse, NY 13206
FAQs
What type of property is this?
Flex space - Industrial flex building offers climate-controlled office, flex, and warehouse space with heavy power, drive-in and dock doors.
Where is this flex space located?
The property is located at 6489 Ridings Road Syracuse, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: About 8,000 SF industrial flex building near Carrier Circle; Space includes approximately 2,200+/- SF office, 2,800+/- SF flex (large training room), and 3,000+/- SF warehouse; 100% climate controlled building
