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Property profile

241 Farrell Rd Syracuse, NY 13209

OFF-MARKET
Manufacturing properties
Property ID
US63-3775992
View Sample
310,500 SF 36.9 ac lot Built 1970
Individually Owned Free & Clear

Property summary

AI-generated overview

This exceptional single-tenant industrial flex space, located at 241 Farrell Rd in Syracuse, NY, 13209, offers 10,211 square feet of versatile space on a generous 3.85-acre lot. The building boasts a 18-foot clear ceiling height, perfect for various industrial uses. Four (4) grade-level drive-in overhead doors provide convenient access for loading and unloading. The property includes approximately 2,500 square feet of office space, ideal for administrative functions or showroom purposes. The expansive 3.85-acre lot features a paved and fenced-in yard, providing ample space for storage, equipment, or outdoor operations. The property is situated in Onondaga County and is currently vacant, presenting a unique opportunity for immediate occupancy. The single-story building is classified as a flex space, offering adaptability for a range of businesses. The absence of elevators is noted. This property is an excellent choice for businesses seeking a spacious, well-equipped facility with significant outdoor space in a convenient Syracuse location. The property's size and features make it suitable for a variety of industrial and commercial uses. Serious inquiries are encouraged.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Total area 310,500 SF
Lot 36.9 ac (1,607,364 SF)
Zoning code 02 - SINGLE RESIDENCE
APN 313289 017.-03-02.2
UPID US63-3775992

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage
  • Factory Metal Fabrication Plant
  • Car Dealership

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$785k

Owner & transaction history

since 2026
Last sale
$13.7M
4 recorded transactions
2026
Price N/A
2025
$13.7M
2016
$3.2M
2013
Price N/A

Zoning & alternative use

02 - SINGLE RESIDENCE · Syracuse, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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