Liverpool Warehouse Property For
For Sale
Contact for pricing
506 Old Liverpool Rd, Liverpool, NY 13088
37,711 sqft warehouse property available for purchase.
Property Size37,711 SF
Price / SF$60.99
Days on Market1487
Property Features for 506 Old Liverpool Rd
General Information
Standard status
Active
Size
37,711 SF
Class
B
Total Parking Spaces
122
Property subtype
Industrial
Lease Type
NNN
Building Details
Year Built
1960
Year Renovated
2021
Stories
1
Listing Agency:
BellCornerstone
Listed By:
Daniel Lynch · License #NY
Source:
Crexi
Added: Sep 10, 2022
Changed: Sep 27
Last Checked: Oct 4 at 9:13AM
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 BellCornerstone
Investment Insights
Based on property information with market context.
This property, suitable for warehouse or industrial use, offers 37,711 square feet of space and is available for sale.
Key Highlights
- YearBuilt: 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$205,616
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,112,320
$4.1M
Cap Rate 7%
$2,937,371
$2.9M
Cap Rate 9%
$2,284,622
$2.3M
Market Conditions
NOI Build-Up for 37,711 SF
Gross rent
$259.8K $6.89/SF
− Vacancy
−$17.9K −$0.48/SF
EGI
$241.9K $6.41/SF
− OpEx
−$36.3K −$0.96/SF
NOI
$205.6K $5.45/SF
Area
Onondaga County, NY
Vacancy
6.90%
Lease Rate
$6.89 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,112,320
Cap Rate 7%
$2,937,371
Cap Rate 9%
$2,284,622
Alternative Uses
Best Use
Warehouse
$2.94M
$2.57M – $3.43M
NOI $205,616 @ 7.0% cap · market cap 8.94%
Second Best
Industrial
$2.42M
$2.12M – $2.82M
NOI $169,330 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$6.55M
$5.73M – $7.65M
NOI $458,759 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13088, NY
22,331
Population
11,242
Households
2
Avg Household Size
43
Median Age
35%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
2,690
Density / Sq Mi
$73,814
Median Household Income
$46,985
Median Earnings
$1,104
Median Rent
$166,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Warehouse - 37,711 sqft warehouse property available for purchase.
Where is this warehouse located?
The property is located at 506 Old Liverpool Rd Liverpool, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: YearBuilt: 1960
