Commercial/Industrial Building with Flexible
6730 Townline Rd, Dewitt, NY 13211
For Sale
$358,000
Pending
4,408 sq ft commercial/industrial building with shop area.
Property Size4,408 SF
Lot Size0.24 Acres
Days on Market243
Property Features for 6730 Townline Rd
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
MyTown Realty
Listed By:
David J. Manzano Sr. · License #30MA0711340
(315) 497-6500
Source:
Elliman
Added: Mar 12
Changed: Aug 16
Last Checked: Aug 25 at 5:23AM
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 MyTown Realty
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Investment Insights
Based on property information with market context.
This 4,408 sq ft commercial/industrial building, constructed in 1975, is situated in a well-trafficked commercial-industrial area. The flexible layout features six front offices with wood-plank beamed ceilings in office areas A and B. There are two front handicap-accessible restrooms located near the main entry, as well as a cafeteria/break room. The property includes a 25’ x 38’ shop area equipped with a large compressor and air lines, suitable for fabrication, equipment work, or service operations. A back garage/storage area provides a 10’ overhead door for loading and equipment access. The large rear meeting/conference area includes two additional bathrooms, suitable for training or team use. Front and rear parking is available for approximately 12 vehicles, with potential for additional parking on the left side of the property. A security system with exterior cameras is included. The building has updated phone/communication wiring and multi-zone heating and air conditioning. The mechanical systems are in good condition. Existing furniture is negotiable.
Key Highlights
- 4,408 sq ft commercial/industrial building in a busy commercial‑industrial area.
- Flexible layout with 6 front offices, shop area, and large rear meeting/conference area.
- Shop area with large compressor and air lines.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,649
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,980
$393.0K
Cap Rate 7%
$280,700
$280.7K
Cap Rate 9%
$218,322
$218.3K
Market Conditions
NOI Build-Up for 4,408 SF
Gross rent
$30.2K $6.84/SF
− Vacancy
−$2.1K −$0.47/SF
EGI
$28.1K $6.37/SF
− OpEx
−$8.4K −$1.91/SF
NOI
$19.6K $4.46/SF
Area
Syracuse, NY
Vacancy
6.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,980
Cap Rate 7%
$280,700
Cap Rate 9%
$218,322
Alternative Uses
Best Use
Flex RnD
$571.0K
$499.6K – $666.2K
NOI $39,970 @ 7.0% cap · market cap 11.16%
Second Best
Industrial
$280.7K
$245.6K – $327.5K
NOI $19,649 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$766.1K
$670.3K – $893.7K
NOI $53,624 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 13211, NY
6,382
Population
2,624
Households
2.4
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
1,387
Density / Sq Mi
$67,672
Median Household Income
$39,118
Median Earnings
$1,073
Median Rent
$115,700
Median Home Value
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Market
Average Price Trend$/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
- Spectrum Food Services Associates — 202 Twin Oaks Dr, Syracuse, NY 13206
Frequently Asked Questions
What type of property is this?
Flex space - 4,408 sq ft commercial/industrial building with shop area.
Where is this flex space located?
The property is located at 6730 Townline Rd Dewitt, NY.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: 4,408 sq ft commercial/industrial building in a busy commercial‑industrial area.; Flexible layout with 6 front offices, shop area, and large rear meeting/conference area.; Shop area with large compressor and air lines.
