5010 Campuswood DrEast Syracuse, NY 13057

For Lease
$18.50/SF/YR View listing
  • Office buildings
  • 71,269 SF

Property Details for 5010 Campuswood Dr

Year built
1989
Lot size
7.04 AC
Property size (Sq ft)
71,269 SF
Zone code
06 - INDUSTRIAL
Property type
Office buildings
APN
312689 027.-01-01.3
APU
31268902701013

Description

This premier Class A office park in East Syracuse, NY, offers 170,000 square feet of versatile space across two three-story buildings. The property, built in 1990 and extensively renovated in 2024, features 15 suites ranging from a minimum of 1,300 to a maximum contiguous 11,500 square feet, with 11,500 square feet currently vacant. The park boasts a true park-like atmosphere, complete with ponds, walking paths, picnic areas, and beautifully landscaped grounds, including flower gardens and mature trees. Amenities include ample parking (850 spaces), three passenger elevators, 14-foot ceilings, and a shared 20+ person conference room and kitchenette. Each building offers on-site cleaning and maintenance, along with common area conference rooms and restrooms. The property is conveniently located near Rt. 298 & New Venture Gear in the Carrier Circle submarket, zoned commercial, and offers power at 200 amps. Ideal for executive, medical, creative, professional, or traditional office uses. This exceptional property provides a unique blend of functionality and aesthetic appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,508,750
    6.5%
    $10,623,461
    7%
    $9,864,643
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,511,006
    Geo Method
    $9,312,008
  • Alternative Use

    Use
    Valuation
    Residential
    $13,173,092
    Hospitality
    $12,066,481
    Educational
    $10,039,171
    Medical
    $10,384,433
    Retail
    $15,616,488
5010 Campuswood Dr, East Syracuse, New York

Location Insight

City
East Syracuse
County
Onondaga
State
New York
Latitude
43.0913
Longitude
-76.0772
CBSA code
45060
CBSA name
SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$506,000
$3,413,800
$3,919,800
-
$506,000
$3,413,800
$3,919,800

FAQs

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