Liverpool Mixed-Use Investment
5 Lumber Way Liverpool, NY 13090
5 Lumber Way, Liverpool, NY, 13090
Contact for pricing
For Sale
Contact for pricing
Pending
Meticulously maintained mixed-use property with three tenants on 4.3 acres.
Property Size21,000 SF
Lot Size4.30 Acres
Days on Market641
Property Features for 5 Lumber Way
General Information
- Standard status
- Pending
- Size
- 21,000 SF
- Lot size
- 4.30 Acres
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 1992
Listing Agency
JC Kelsen Real Estate
Listed by
Jeff Kelsen · License #NY
Source
Crexi
Added: Oct 16, 2024 Checked: Jul 16 at 4:32 am
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 JC Kelsen Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property is part of a three-property portfolio available for sale. The building features a brick and glass facade and is situated on 4.3 acres, part of a larger 12-acre parcel. The property is fully occupied by three tenants. The property has been meticulously maintained.
Key Highlights
- 4.3 acres of land included in the sale.
- Property is 100% occupied by three tenants.
- Brick and glass office/shop building.
Local Financial Insights For Office B
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 | $340.2k | $16.20 |
| − Vacancy | −$44.9k | −$2.14 |
| EGI | $295.3k | $14.06 |
| − OpEx | −$73.8k | −$3.52 |
| NOI | $221.5k | $10.55 |
21,000 SF · lease $16.20/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.16M
$2.77M – $3.69M
NOI $221,470 @ 7.0% cap · market cap 7.38%
Second Best
Mixed Use
$2.79M
$2.44M – $3.26M
NOI $195,495 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$3.65M
$3.19M – $4.26M
NOI $255,468 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Syracuse Technologies LLC
Tech Support Center
OnSite Facility Services, ...
Property Management Company
Onsite Solar
Solar Energy Company
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FAQs
What type of property is this?
Mixed-use property - Meticulously maintained mixed-use property with three tenants on 4.3 acres.
Where is this mixed-use property located?
The property is located at 5 Lumber Way Liverpool, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 4.3 acres of land included in the sale.; Property is 100% occupied by three tenants.; Brick and glass office/shop building.
