Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6519 Towpath Rd East Syracuse, NY 13057

    • Flex space
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1911955
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fahey T Kevin / Law Firm
    • Fahey Lisa M / Law Firm
    • Widewaters / Property Management Company

    Property Details for 6519 Towpath Rd

    Property type
    Flex space
    Property subtype
    Distribution centers

    Description

    This pristine 12,003-square-foot industrial property in Onondaga County offers a unique blend of warehouse and flex space, ideal for a variety of businesses. The single-tenant building boasts a substantial 22-foot clear ceiling height, providing ample room for storage and operations. Three generously sized grade-level drive-in doors ensure efficient loading and unloading, eliminating the need for docks. The property includes a significant advantage: over one acre of fully secured and fenced yard space, perfect for outdoor storage, equipment staging, or employee parking. Internal features include strategically placed floor drains for easy cleanup and maintenance. This property is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained, functional industrial space with significant outdoor area in a desirable location. A floor plan is available upon request, providing detailed dimensions and layout information. This is a single-tenant occupancy building. The property is classified as Industrial, with a subtype of Warehouse and Flex.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.0672199
    Latitude
    43.0492397

    Comparable in this City

    • Contact for pricing
      269,500 SF

      High-Bay Warehouse and Tech Space

      New high-tech/warehousing building with high-bay ceiling clearance and optional rail.
      6457 Fly Rd, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      11,560 SF

      Renovated Warehouse Near Major Highways

      Renovated warehouse with ample parking and highway access.
      6 Adler Dr, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      4,000 SF

      Turn Key Flex Space

      4,000 SF flex space with warehouse and offices.
      6600 Joy Rd, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      1,770 SF

      Office/Warehouse Corner Space Available

      1,770 SF corner space for lease in East Syracuse.
      6838 Ellicott Dr, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      3,330 SF

      Flex Building Near Interstate 481

      25,000 SF flex building suitable for various business types.
      6731 Collamer Rd, E Syracuse, NY 13057
      View Details
    • $9 SF/Yr
      17,309 SF

      Industrial/Flex Building with Heavy Power

      Industrial/flex building featuring heavy power and floors, additional acreage available.
      6615 Towpath Rd, East Syracuse, NY 13057
      View Details

    Similar Nearby for Sale

    • $2,400,000
      17,098 SF

      Prime East Syracuse Warehouse

      17,098 SF Warehouse, 3 Docks, $2.4M
      5081 Whirlybird Ln, East Syracuse, NY 13057
      View Details
    • $950,000
      6,264 SF

      Available Warehouse Near Major Highways

      6,264± SF warehouse space with convenient highway access.
      6800 Newbrook Ave, E Syracuse, NY 13057
      View Details
    • $2,400,000
      17,098 SF

      Stand Alone Industrial Building

      Industrial building featuring loading docks and drive-in door.
      5081 Whirlybird Ln, East Syracuse, NY 13057
      View Details
    • $995,000

      Industrial Building in East Syracuse

      7,000 SF industrial building with office space and loading.
      6006 Drott Dr, East Syracuse, NY 13057
      View Details
    • $429,000

      Mixed-Use Property with Income Potential

      Mixed-use property featuring office, warehouse, and four income-producing apartments.
      108 Ball St, East Syracuse, NY 13057
      View Details
    • $1,000,000

      Development Land on East Taft

      Over 25 acres of development land with full utilities.
      6966 E Taft Rd, East Syracuse, NY 13057
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      269,500 SF

      High-Bay Warehouse and Tech Space

      New high-tech/warehousing building with high-bay ceiling clearance and optional rail.
      6457 Fly Rd, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      11,560 SF

      Renovated Warehouse Near Major Highways

      Renovated warehouse with ample parking and highway access.
      6 Adler Dr, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      4,000 SF

      Turn Key Flex Space

      4,000 SF flex space with warehouse and offices.
      6600 Joy Rd, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      1,770 SF

      Office/Warehouse Corner Space Available

      1,770 SF corner space for lease in East Syracuse.
      6838 Ellicott Dr, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      3,330 SF

      Flex Building Near Interstate 481

      25,000 SF flex building suitable for various business types.
      6731 Collamer Rd, E Syracuse, NY 13057
      View Details
    • $9 SF/Yr
      17,309 SF

      Industrial/Flex Building with Heavy Power

      Industrial/flex building featuring heavy power and floors, additional acreage available.
      6615 Towpath Rd, East Syracuse, NY 13057
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6519 Towpath Rd
    East Syracuse, NY 13057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.