Industrial Property for Sale in Syracuse, NY

  • Price: $1.1M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Syracuse, NY 13202
  • Size: 39,914 SF

Description

90% OCCUPIED FLEX BUILDING NEAR DOWNTOWN SYRACUSE. Various clear span from 10' - 16' clear. Well located just outside Syracuse CBD within industrial area. Well maintained building with recent improvements include interior paint, fadade, roof, and HVAC. Two interior and two exterior docks.

Market Context

This industrial in Syracuse, NY is listed for sale at $1,100,000 across 39,914 SF ($28/SF). It has been on the market for 144 days. Compare it against other industrial listings for sale in Syracuse, NY — <a href="/search/sale/industrial/new-york/syracuse">view the full market</a>.

As of Q4 2023, the Syracuse industrial market showed a 4.1% vacancy rate, and rents up 2.5% year over year. Source: Cushman & Wakefield Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

Is the Syracuse industrial market tightening or softening?
Vacancy is around 4.1%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$21.51/SF – $29.10/SF

Mid: $25.31/SF

Total estimate for 39,914 SF: $1,010,223

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market fort-lauderdale (similarity: 100%) with 7 comparable listings.

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