5 Lumber Way Liverpool, NY 13090
- Office buildings
- 6,400 SF
- 4.39 lot acres
Current Use by Public Records
- Syracuse Technologies LLC / Computer Support And Services
- OnSite Facility Services, LLC / Property Management Company
- Onsite Solar / Solar Energy Company
Property Details for 5 Lumber Way
- Year built
- 1992
- Lot size
- 4.39 lot acres
- Property size
- 6,400 SF
- Zone code
- 06 - INDUSTRIAL
- Property type
- Office buildings
- APN
- 312489 114.-02-22.1
- APU
- 31248911402221
Description
This exceptional 21,000-square-foot warehouse, situated on a 4.39-acre lot in Liverpool, NY, presents a compelling investment opportunity. Built in 1992, the property boasts a strong net operating income (NOI) of $430,260, yielding a 9.00% cap rate. Offered at $4,780,667, the price per square foot is $227.65. The property features ample parking with 50 surface spaces and is ideally located in a thriving retail corridor, close to major national tenants such as Walmart, Target, McDonald's, and Starbucks. Its strategic position at the crossroads of NY I-90 and I-81 provides excellent access to transportation networks. The property is also conveniently located within a 15-minute drive of Syracuse Hancock International Airport (6.3 miles). The surrounding area is densely populated, with over 7,000 residents within a one-mile radius and over 51,800 within a three-mile radius. Furthermore, there are over 27,800 daytime employees within a three-mile radius. The lease type is Net-Net, with multi-tenancy. Ground lease terms vary. This property offers a rare combination of strong financials, prime location, and significant potential for future growth. This is a multi-tenant warehouse property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Liverpool
- County
- Onondaga
- State
- New York
- Longitude
- -76.1971
- Latitude
- 43.1258
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
