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    400 Herricks Rd Mineola, NY 11501

    Sponsored
    For Sale
    $1,300,000

    Prime Mineola location, 11,700 sq ft lot, 1,440 sq ft building.

    Property size:
    1,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property presents a unique redevelopment opportunity in the thriving town of Mineola, New York. The property boasts a substantial 11,700 square foot lot, offering significant potential for expansion or new construction. The existing building comprises 1,440 square feet of usable space. Importantly, the property is environmentally compliant, eliminating potential remediation concerns and ensuring a smooth transition for any future development. Its strategic location provides convenient access to major roadways, guaranteeing high visibility and easy accessibility for both employees and customers. The bustling Mineola location offers proximity to a variety of amenities, creating a desirable environment for businesses seeking a vibrant and convenient setting. This property is ideal for entrepreneurs and investors seeking to capitalize on a prime location and significant development potential. The generous lot size allows for a wide range of development possibilities, from expanding the existing structure to constructing a completely new building tailored to specific business needs. This is a rare opportunity to acquire a clean, compliant property in a highly desirable location. Don't miss this chance to secure a strong foundation for your next business venture.

    Property Features for 400 Herricks Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,440 SF

    Building Details

    Year Built
    1948
    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 Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineola
    County
    Nassau County
    State
    New York
    Longitude
    -73.65723
    Latitude
    40.7486

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Mineola location, 11,700 sq ft lot, 1,440 sq ft building.
    Where is this commercial real estate located?
    The property is located at 400 Herricks Rd Mineola, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (516) 801-6181
    Request Owner's contact information
    400 Herricks Rd Mineola, NY 11501
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    Mineola, NY 11501
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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
    400 Herricks Rd Mineola, NY 11501
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