2320 Milton Ave, Syracuse, NY 13209-2209
This exceptional 12,748-square-foot warehouse, located at 2320 Milton Ave, Solvay, NY 13209, presents a rare opportunity. Situated on a 0.25-acre lot and boasting a Class B rating, this single-tenant property underwent a complete renovation in 2024. The improvements include new doors, lighting, and fresh paint throughout. The warehouse features three truck-height dock doors with levelers, enhancing efficient loading and unloading operations. A convenient drive-in door further adds to its functionality. Ceiling heights range from 9 to 15 feet, providing ample vertical space. Ten parking spaces are available on-site. The property is zoned for industrial use and benefits from excellent access to major transportation arteries, including I-690 and I-90 (NYS Thruway), ensuring seamless logistics. The modified gross lease rate includes property taxes, insurance, snow removal, and electricity. Natural gas is the tenant's responsibility. The landlord is willing to make further improvements to meet specific tenant requirements. This fully occupied warehouse is available immediately. Cross street is Matthews Ave. The property is located in the Syracuse submarket within Onondaga County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
06 - INDUSTRIAL · Syracuse, NYSyracuse. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.