Syracuse, New York, offers a unique opportunity for investors to capitalize on the city's diverse economy and infrastructure. With 8 warehouses for sale, Syracuse provides a range of options for those looking to invest in industrial properties. Warehouses in Syracuse can represent a variety of investments, from storage and distribution facilities to manufacturing and production centers. The city's strategic location at the intersection of Interstates 81 and 90 makes it an ideal hub for transportation and logistics. Additionally, Syracuse is home to several prominent institutions, including Syracuse University, SUNY Upstate Medical University, and Le Moyne College, which contribute to the city's economic growth. The city's amenities, such as the Onondaga Park with Hiawatha Lake, and its diverse neighborhoods, including Armory Square and University Hill, make it an attractive location for businesses and residents alike. As a result, warehouses in Syracuse are a valuable investment opportunity for those looking to tap into the city's growing economy.
Syracuse's warehouses are situated in a city that is poised for growth, with a strong economy rooted in healthcare, education, retail, and manufacturing. The city's infrastructure, including the Department of Public Works and the Syracuse water system, provides a solid foundation for businesses to operate. In addition to warehouses, Syracuse also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. For example, industrial properties in Syracuse can provide opportunities for manufacturing and production, while land offers a blank canvas for development. Residential income homes can provide a steady stream of revenue, and commercial real estate can serve as a hub for businesses. Overall, Syracuse's warehouses and other property types offer a unique opportunity for investors to capitalize on the city's growth and development.
What are the key features investors look for in warehouses in Syracuse?
When searching for warehouses in Syracuse, investors typically look for properties that offer a strategic location, convenient access to major transportation routes, and a range of amenities that support their business operations.
- Average price per square foot of $44 USD, with an average size of 62,624 square feet, and a largest size of 194,876 square feet, providing ample space for storage and operations.
- Easy access to major highways, including Interstates 81 and 90, and proximity to the Syracuse Hancock International Airport, facilitating the transportation of goods and supplies.
- Average cap rate of 9.82%, indicating a strong potential for returns on investment, with a selection of 8 available listings to choose from.
What size warehouses are available to buy in Syracuse?
When searching for warehouses for sale in Syracuse, you'll find a range of options, with average sizes of 62,624 square feet, and the largest available warehouse spanning 194,876 square feet, among the 8 listings currently available.
How much does it cost to buy a warehouse in Syracuse?
When considering purchasing a warehouse in Syracuse, you can expect to find 8 available listings, with an average price per square foot of $44 USD, and an average size of 62,624 square feet, ranging up to 194,876 square feet, with an average cap rate of 9.82%.
