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Property profile & analytics
FOR SALE
Flex space

4705-4713 Crossroads Park Dr Liverpool, NY 13088

4,937 SF
Property ID
US63-Q022746
Property summary
AI-generated overview

See offering memo for current tenant and lease details. A compelling value-add acquisition with significant upside, 4705 Crossroads Park Drive offers a prospective owner-user or investor the opportunity to convert an existing 5,000 square foot office building into a flex industrial asset. The building's configuration and site are conducive to the installation of dock doors, positioning a new owner to reposition the property into one of the market's most in-demand product types and capture the meaningful rental rate premium that flex commands over traditional office. As currently configured, the property functions as a stabilized office building with 1,500 square feet of in-place leasing providing immediate income to offset carry while a buyer executes their business plan. The remaining 3,500 square feet is vacant and available, offering flexibility for an owner-user to occupy, lease at market rates, or hold through conversion. The combination of existing cash flow and vacancy creates optionality that is rare in assets of this size. At 5,000 square feet, the property is well-suited for a small business owner-user, a private investor seeking a manageable flex conversion play, or a local operator looking to control their real estate. With demand for flex product continuing to outpace supply across most Central New York submarkets, 4705 Crossroads Park Drive represents a timely opportunity to acquire a repositionable asset at an office basis with flex upside.

Property profile
Verified
Property type Flex space
Total area 4,937 SF
UPID US63-Q022746
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alana Healthcare Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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