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    16 Route 303 Tappan, NY 10983

    Sponsored
    For Sale
    $1,999,000

    Unique Investment Opportunity in Tappan, NY

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 16 Route 303 in Tappan, New York, presents a compelling investment opportunity. Priced at $1,999,000, the property is classified as "Other," indicating a versatile use potential. The precise square footage is not currently available, however, the property sits on a zero-acre lot. This suggests a compact footprint, ideal for a variety of businesses that may not require extensive land. Its strategic location on Route 303 offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking high traffic exposure. The lack of specified square footage necessitates an on-site inspection to determine the exact dimensions and layout of the interior space. Potential buyers are encouraged to conduct thorough due diligence to assess the suitability of the property for their intended use. Given the price point and location, this property is likely to attract significant interest from investors seeking a foothold in the vibrant Tappan commercial market. Further information regarding zoning regulations and permitted uses should be obtained from the relevant local authorities. The absence of detailed property specifications underscores the need for a comprehensive site visit to fully evaluate the property's potential. This unique offering presents a chance to acquire a strategically positioned commercial asset in a desirable location.

    Property Features for 16 Route 303

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Tappan
    County
    Rockland
    State
    New York
    Longitude
    -73.94473
    Latitude
    41.01717

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    FAQs

    What type of property is this?
    Commercial real estate - Unique Investment Opportunity in Tappan, NY
    Where is this commercial real estate located?
    The property is located at 16 Route 303 Tappan, NY.
    What is the asking price?
    The asking price for this property is $1,999,000.
    (201) 816-8889
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    16 Route 303 Tappan, NY 10983
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    Tappan, NY 10983
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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
    16 Route 303 Tappan, NY 10983
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