Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    6600 Joy Rd East Syracuse, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    4,000 SF flex space with warehouse and offices.

    Type:FLEX_R_AND_D
    Property size:
    4,000 SF
    Lot size:
    0.97 Acres
    Added:
    Nov 5, 2024
    Days on Market:
    543
    Last Refresh:
    Apr 5 at 10:04 pm

    Property Features for 6600 Joy Rd

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.97 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 6600 Joy Rd Contact us

    We can help!

    Listing Contact
    Kevin Valente
    Kevin Valente

    Listing agent Kevin Valente

    Listing office Sutton Real Estate Company - Corporate

    Listing date Nov 5, 2024

    Source Moodyscre

    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 Sutton Real Estate Company - Corporate

    Overview

    Turn Key Flex Space

    This is a 4,000 SF flex space featuring a 2,000+/- SF warehouse and six private offices. The layout includes a large conference room or executive office with a private bathroom, as well as separate men's and women's restrooms. A kitchenette and storage room are also present. The warehouse is equipped with two drive-in doors, each measuring 10 feet wide by 11 feet 9 inches high.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    US Acrylic Fabricators Factory Syracuse Computer Store Electronics & Wireless Store Super Service Center Home Appliance Store BOP247 Department Store BOPStaples Department Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Auto Repair Shop Building Supply Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.0866
    Latitude
    43.0946

    Nearby Similar for Lease

    • $1,900/Mo

      East Syracuse Commercial Space Available

      Class A office space in desirable East Syracuse location.
      5710 Commons Park, East Syracuse, NY 13057
      View Details
    • $16 SF/Yr

      Pioneer Business Park Office Suite

      Build-to-suit office suite in a vibrant business park.
      5009 Campuswood Dr, East Syracuse, NY 13057
      View Details
    • $4,220/Mo

      East Syracuse Office Building For Rent

      5,064 SF office building with yard and generator.
      6331 E Molloy Rd, East Syracuse, NY
      View Details
    • Contact for pricing

      Commissary Kitchen on Collamer Road

      1,572 SF fully-built commissary kitchen with frontage.
      6491 Collamer Rd, East Syracuse, NY 13057
      View Details
    • Contact for pricing

      Office Suite in Quiet Office Park

      Office suite with private offices, open space, and conference rooms.
      5852 Heritage Landing Drive, East Syracuse, NY, 13057
      View Details
    • $14 SF/Yr

      New Warehouse Construction Opportunity

      Proposed warehouse construction with exterior storage in East Syracuse, NY.
      6808 Crossbow Dr, East Syracuse, NY
      View Details
    • $14 SF/Yr

      New Warehouse Construction Opportunity

      Proposed warehouse construction with exterior storage in East Syracuse, NY.
      6822 Crossbow Dr, East Syracuse, NY
      View Details
    • Contact for pricing

      Warehouse with Fenced Outdoor Storage

      Warehouse space available January 2026 with ample outdoor storage.
      6159 E Molloy Rd, East Syracuse, NY
      View Details
    • Contact for pricing

      High-Bay Warehouse and Tech Space

      New high-tech/warehousing building with high-bay ceiling clearance and optional rail.
      6457 Fly Rd, East Syracuse, NY
      View Details
    • $6 SF/Yr

      Renovated Warehouse Near Major Highways

      Renovated warehouse with ample parking and highway access.
      6 Adler Dr, East Syracuse, NY
      View Details
    • Contact for pricing

      Office/Medical Building To Be Constructed

      7,000 SF office/medical building, construction starting Spring 2025.
      812 Franklin Park Dr, East Syracuse, NY
      View Details
    • Contact for pricing

      Office/Medical Building, Spring 2025

      7,000 SF office/medical building to be constructed Spring 2025.
      820 Franklin Park Dr, East Syracuse, NY
      View Details

    FAQs

    What type of property is this?
    Flex space - 4,000 SF flex space with warehouse and offices.
    Where is this flex space located?
    The property is located at 6600 Joy Rd East Syracuse, NY.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Turn‑key 4,000 SF flex space ready for immediate occupancy; Includes 2,000+\/- SF warehouse space with **two drive‑in doors**; Features **6 private offices, ideal for various business needs**
    (315) 427-2202 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Valente
    Kevin Valente
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    6600 Joy Rd, East Syracuse, NY

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!