South Hill Business
For Sale
$20,750,000
950 Danby Road, Ithaca, NY 14850
Multi-tenant commercial campus near Ithaca College.
Property Size284,591 SF
Lot Size56.00 Acres
Price / SF$72.91
Days on Market220
Property Features for 950 Danby Road
General Information
Standard status
Active
Size
284,591 SF
Lot size
56.00 Acres
Property subtype
FlexIndustrial
Listing Agency:
CBRE | Syracuse
Listed By:
Mark Rupprecht · License #Associate Real Estate Broker
(315) 380-7322
Source:
Cbre
Added: Mar 25
Changed: Oct 25
Last Checked: Oct 30 at 1:13PM
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 CBRE | Syracuse
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Investment Insights
Based on property information with market context.
The South Hill Business Campus, located at 950 Danby Rd, Ithaca, NY, presents the opportunity to acquire a large-scale, multi-tenant commercial campus. The property consists of approximately 284,591 square feet of space on approximately 56 acres. The building, which includes a butler building and monitor storage, is currently 95.5% occupied and features a mix of office, light industrial, laboratory, creative, and service-oriented spaces. The property offers suites ranging in size from small studios to large floor plates, allowing for flexible layouts that accommodate a variety of business uses and tenant requirements. The property is a highly stabilized asset with 154 tenants and 212,192 rentable square feet. Surface parking is available with 1,200 spaces. The property also features 10 shared shipping/receiving docks and forklift availability. A Tompkins City Area Transit (TCAT) bus stop is located on site. The property is located adjacent to Ithaca College and is a short drive from downtown Ithaca (1 mile) and Ithaca Tompkins Regional Airport (7.5 miles).
Key Highlights
- 95.5% Occupied Multi‑Tenant Commercial Campus
- ±284,591 sq. ft. building on ±56 acres
- Diversified tenancy with long‑term leasing flexibility
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
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Business Placement
Demographics for 14850, NY
69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant commercial campus near Ithaca College.
Where is this mixed-use property located?
The property is located at 950 Danby Road Ithaca, NY.
What is the asking price?
The asking price for this property is $20,750,000.
What are key features of this property?
This property features: 95.5% Occupied Multi‑Tenant Commercial Campus; ±284,591 sq. ft. building on ±56 acres; Diversified tenancy with long‑term leasing flexibility
