Flex Space Building with Overhead
For Sale
$358,000
Pending
6730 Townline Road, Syracuse, NY 13211
COMMERCIAL - Syracuse, NY
Property Size4,408 SF
Lot Size0.24 Acres
Days on Market269
Property Features for 6730 Townline Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Com1-06
Zoning description
Commercial
Parking
12
Lot features
Rectangular, Rectangular Lot
High school
East Syracuse-Minoa Central High
Elementary school district
East Syracuse-Minoa
Middle school district
East Syracuse-Minoa
High school district
East Syracuse-Minoa
Directions
From Mattydale Route 11 to E Molloy Rd, right onto Townline Road. This is before the bridge so avoid the detour and take a right onto Townline Rd. building is on left at 6730 Townline Rd. Left of Coffee King Building.
Subdivision
Dewitt-312689
Standard status
Pending
APN
312689-022-000-0001-005-001-0000
Size
4,408 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
6575
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Zoned, Forced Air
Cooling system
Zoned, Central Air
Water source
Public
Amenities
cafeteria/break room
security system with exterior cameras
updated phone/communication wiring
Building Details
Year built
1975
Floors in Building
1
Flooring type
Concrete, Linoleum, Carpet, Vinyl
Roof type
Rubber, Membrane
Listing Agency:
MyTown Realty LLC
(315) 497-6500
Listed By:
David J. Manzano Sr. · License #30MA0711340
(315) 497-6500
Added: Nov 21, 2025
Changed: Aug 5
Last Checked: Aug 17 at 10:06AM
MLS# S1652079
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex space commercial-industrial building offers a flexible layout with office and shop uses under one roof. The property includes six front offices with wood-plank beamed ceilings across office areas A and B, two front handicap-accessible restrooms near the main entry, and a cafeteria/break room for staff convenience. A 25' x 38' shop area includes a large compressor with air lines, supported by a back garage/storage area with a 10' overhead door for loading and equipment access. A large rear meeting/conference area includes two additional bathrooms.
The building is built for on-site operations with front and rear parking for approximately 12 vehicles, plus potential additional parking on the left side of the property. Multi-zone heating and air conditioning are installed throughout, and updated phone/communication wiring is already in place. A security system with exterior cameras is included.
Constructed in 1975, the property totals 4,408 square feet on a 0.24-acre lot. Utilities include public water and public sewer, with a rubber/membrane roof and forced-air, natural gas, zoned heating; zoned central air cooling. Flooring includes vinyl, concrete, linoleum, and carpet.
The building is built for on-site operations with front and rear parking for approximately 12 vehicles, plus potential additional parking on the left side of the property. Multi-zone heating and air conditioning are installed throughout, and updated phone/communication wiring is already in place. A security system with exterior cameras is included.
Constructed in 1975, the property totals 4,408 square feet on a 0.24-acre lot. Utilities include public water and public sewer, with a rubber/membrane roof and forced-air, natural gas, zoned heating; zoned central air cooling. Flooring includes vinyl, concrete, linoleum, and carpet.
Key Highlights
- 4,408 SF flex space on a 0.24‑acre lot built in 1975 with rubber/membrane roof
- Back garage/storage includes a 10' overhead door for loading and equipment access
- 25' x 38' shop area with a large compressor and air lines
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,860
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,200
$477.2K
Cap Rate 7%
$340,857
$340.9K
Cap Rate 9%
$265,111
$265.1K
Market Conditions
NOI Build-Up for 4,408 SF
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.
Gross rent
$30.2K $6.84/SF
− Vacancy
−$2.1K −$0.47/SF
EGI
$28.1K $6.37/SF
− OpEx
−$4.2K −$0.96/SF
NOI
$23.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$477,200
Cap Rate 7%
$340,857
Cap Rate 9%
$265,111
Alternative Uses
Best Use
Flex RnD
$571.0K
$499.6K – $666.2K
NOI $39,970 @ 7.0% cap · market cap 11.16%
Second Best
Warehouse
$340.9K
$298.3K – $397.7K
NOI $23,860 @ 7.0% cap · market cap 6.66%
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.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in Syracuse, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space in Com1-06 zoning with six front offices, handicap-accessible restrooms, and a loading-friendly shop area.
Where is this flex space located?
The property is located at 6730 Townline Road Syracuse, 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 SF flex space on a 0.24‑acre lot built in 1975 with rubber/membrane roof; Back garage/storage includes a 10' overhead door for loading and equipment access; 25' x 38' shop area with a large compressor and air lines
