Single-Story Automotive Retail
560 N Country Rd Miller Place, NY 11778
For Sale
$385,000
Single-story building currently used for automotive, with parking directly in front and strong curb visibility.
Property Size1,400 SF
Price / SF$275
Days on Market442
Property Features for 560 N Country Rd
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Property subtype
- Office
Listing Agency:
East End Commercial R E
(516) 810-0900
Listed By:
Laurence Oxman · License #NYS10311201902
(516) 810-0900
Source:
Xome
Added: May 9, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of East End Commercial R E
Investment Insights
Based on property information with market context.
This single-story commercial building is currently used for automotive operations and offers a straightforward layout for compatible business uses. The property is described as having nice curb appeal and strong visibility, supporting day-to-day retail or service traffic.
Parking is located directly in front of the building, providing convenient customer and staff access. The asset is being offered as a first offering in the historic Rocky Point Hamlet on N. Country Road.
While the current use is automotive, the remarks also note ideal alternative uses such as office, personal service, day-care, florist, and shop-related uses, subject to applicable approvals and operating requirements.
Parking is located directly in front of the building, providing convenient customer and staff access. The asset is being offered as a first offering in the historic Rocky Point Hamlet on N. Country Road.
While the current use is automotive, the remarks also note ideal alternative uses such as office, personal service, day-care, florist, and shop-related uses, subject to applicable approvals and operating requirements.
Key Highlights
- Single‑story commercial building currently used for automotive
- Great parking directly in front of the building
- Central air cooling and heating system listed as "3"
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.0k | $30.00 |
| − Vacancy | −$2.9k | −$2.07 |
| EGI | $39.1k | $27.93 |
| − OpEx | −$11.7k | −$8.38 |
| NOI | $27.4k | $19.55 |
1,400 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$391.0K
$342.1K – $456.2K
NOI $27,371 @ 7.0% cap · market cap 7.11%
Second Best
Office B
$343.9K
$300.9K – $401.2K
NOI $24,074 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$426.5K
$373.2K – $497.6K
NOI $29,855 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Mt. Sinai Tire Inc. — 797 NY-25A, Miller Place, NY 11764
- Mike G. Perfection Auto Body, Inc. — 976 NY-25A, Miller Place, NY 11764
- LAF O's Performance Glass — 18 Radio Ave, Miller Place, NY 11764
- Miller Place Auto Upholstery Inc. — 953 NY-25A, Miller Place, NY 11764
- Keenans Automobile Repair — 937 NY-25A, Miller Place, NY 11764
FAQs
What type of property is this?
Auto shop - Single-story building currently used for automotive, with parking directly in front and strong curb visibility.
Where is this auto shop located?
The property is located at 560 N Country Rd Miller Place, NY.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Single‑story commercial building currently used for automotive; Great parking directly in front of the building; Central air cooling and heating system listed as "3"
