6443 Ridings RdSyracuse, NY 13206

Property Details for 6443 Ridings Rd

Year built

1965

Lot size

1.08 AC

Property size (Sq ft)

16,353 SF

Zone code

06 - INDUSTRIAL

Property type

Office buildings

APN

312689 023.-07-07.0

APU

31268902307070

Description

This exceptional Syracuse, NY office building, located at 6443 Ridings Rd (13206), offers 15,000 square feet of prime commercial space. Built in 1970 and extensively renovated in 2019, this single-story Class B building boasts 12 suites, with 4,000 square feet currently available. Units range from a minimum of 200 square feet to a maximum contiguous space of 4,000 square feet, catering to diverse business needs. The property features high-end oak trim and a grand lobby, enhancing its professional appeal. A shared conference room is included in the rent, providing tenants with a convenient and cost-effective meeting space. Ample parking is available with 80 spaces. The building's strategic location near Carrier Circle provides easy access to major New York State highways. The property is zoned Com 1. A free month's rent is offered to qualified tenants. This is a fantastic opportunity for businesses seeking flexible and well-appointed office space in a highly accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,640,736

  6.5%

  $2,437,602

  7%

  $2,263,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,493,980

  Geo Method

  $2,136,683

• Alternative Use

  Use

  Valuation

  Residential

  $3,022,626

  Hospitality

  $2,768,710

  Educational

  $2,303,534

  Medical

  $2,382,756

  Retail

  $3,583,275

Location Insight

City

Syracuse

County

Onondaga

State

New York

Latitude

43.0838

Longitude

-76.1088

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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