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    5514 Merrick Rd Massapequa, NY 11758

    Sponsored
    For Sale
    $549,500

    High-Visibility Office, Ample Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 5514 Merrick Road in Massapequa, New York, presents a fantastic opportunity for a variety of businesses. Priced at $549,500, this general commercial space offers high visibility from its prime location on Merrick Road, ensuring significant exposure to potential customers. The building features a spacious, open layout ideal for flexible configurations to suit diverse business needs. A convenient bathroom is included for employee and client use. Maintaining a comfortable working environment is ensured by the presence of central air conditioning. The property also benefits from natural gas hookup, providing efficient and cost-effective utility service. Ample parking is available in a dedicated rear lot, eliminating parking concerns for employees and clients. A significant advantage is the addition of a rear extension, offering valuable extra space that can be utilized as a separate office, storage area, or adapted to meet specific business requirements. This versatile space is ready for immediate occupancy and presents a compelling investment opportunity in a desirable location. The property sits on a lot of 0 acres. Serious inquiries are encouraged.

    Property Features for 5514 Merrick Rd

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Southbay Properties Mortgage Lender

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Massapequa
    County
    Nassau County
    State
    New York
    Longitude
    -73.43375
    Latitude
    40.66886

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Office, Ample Parking
    Where is this commercial real estate located?
    The property is located at 5514 Merrick Rd Massapequa, NY.
    What is the asking price?
    The asking price for this property is $549,500.
    (516) 796-8900
    Request Owner's contact information
    5514 Merrick Rd Massapequa, NY 11758
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    Massapequa, NY 11758
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    Realmo Value Estimation

    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.

    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.

    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
    5514 Merrick Rd Massapequa, NY 11758
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