Property profile

16 Middle Country Rd Coram, NY 11727

FOR LEASE
Investment properties
Property ID
US63-3716576
1.26 ac lot
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 16 Middle Country Road in Suffolk County, offers a total of 1,820 square feet of commercial space currently available for lease. The building is configured to accommodate multiple tenants, with two spaces of 910 square feet each currently vacant and ready for immediate occupancy. Each space offers a generous 910 square feet of adaptable retail area, perfect for a variety of businesses. The property boasts ample parking with 72 spaces available for customers and employees, ensuring convenient access and a positive shopping experience. The property's location on Middle Country Road provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong brand exposure. This is a rare opportunity to secure a well-positioned retail space in a thriving Suffolk County market. The entire 1,820 square feet can be leased, or each individual 910 square foot space can be leased separately. The property's layout is flexible and can be adapted to suit the specific needs of prospective tenants. With its convenient location, ample parking, and readily available space, this property presents a compelling investment opportunity for businesses seeking a strong foothold in a desirable retail market. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 1.26 ac (54,886 SF)
APN 0200-430.00-03.00-022.001
UPID US63-3716576

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant
  • Take-out & Catering Catering Service
  • Atm

Location

16 Middle Country Rd Coram, NY 11727
Coram metro Census 158705 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2013
5 recorded transactions
2017
Price N/A
2013
$1.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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