Office Unit with Private
For Sale
Contact for pricing
8289 Loop Road, Lysander, NY 13027
Configured with private offices, reception, break room, storage, and two bathrooms.
Property Size3,214 SF
Price / SF$0.62
Days on Market47
Property Features for 8289 Loop Road
General Information
Standard status
Active
Size
3,214 SF
Additional Details
Highway Access
Yes
Listing Agency:
RE/MAX ONE
Listed By:
Anthony Paone · License #10311205565
(315) 480-5555
Source:
Nicholcityrealty
Added: Sep 19
Changed: Oct 26
Last Checked: Nov 3 at 6:05AM
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 RE/MAX ONE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 1,600-square-foot office unit at 8289 Loop Road includes four private offices, a substantial reception area, an administrative desk, break room, front entry, and two bathrooms, including one that is handicap accessible. The space also provides a 19’ x 18’ storage room that could accommodate additional office or other uses. The unit is in excellent condition and is scheduled to become available November 1, 2026.
The property is located in Radisson Business Park near State Route 31, with access to Routes 481 and 690 and the NYS Thruway. It is approximately 8 miles from the new Micron facility and approximately 5.5 miles from the Amazon warehouse facility. Shopping and the City of Syracuse are also noted as convenient to the property.
The property is located in Radisson Business Park near State Route 31, with access to Routes 481 and 690 and the NYS Thruway. It is approximately 8 miles from the new Micron facility and approximately 5.5 miles from the Amazon warehouse facility. Shopping and the City of Syracuse are also noted as convenient to the property.
Key Highlights
- Approximately 1,600 sq ft of office space
- Four private offices with large reception area and administrative desk
- 19’ x 18’ storage room with potential for additional office or other uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,895
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,900
$677.9K
Cap Rate 7%
$484,214
$484.2K
Cap Rate 9%
$376,611
$376.6K
Market Conditions
NOI Build-Up for 3,214 SF
Gross rent
$52.1K $16.20/SF
− Vacancy
−$6.9K −$2.14/SF
EGI
$45.2K $14.06/SF
− OpEx
−$11.3K −$3.52/SF
NOI
$33.9K $10.55/SF
Area
Onondaga County, NY
Vacancy
13.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,900
Cap Rate 7%
$484,214
Cap Rate 9%
$376,611
Alternative Uses
Best Use
Office B
$484.2K
$423.7K – $564.9K
NOI $33,895 @ 7.0% cap · market cap 1,694.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$558.6K
$488.7K – $651.7K
NOI $39,099 @ 7.0% cap · market cap 1,954.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 13027, NY
34,507
Population
15,276
Households
2.3
Avg Household Size
44
Median Age
45%
College-Educated
96%
High-School Grad
67.0 sq mi
ZIP Area
515
Density / Sq Mi
$91,369
Median Household Income
$55,805
Median Earnings
$1,258
Median Rent
$226,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Configured with private offices, reception, break room, storage, and two bathrooms.
Where is this office unit located?
The property is located at 8289 Loop Road Lysander, NY.
What are key features of this property?
This property features: Approximately 1,600 sq ft of office space; Four private offices with large reception area and administrative desk; 19’ x 18’ storage room with potential for additional office or other uses
