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    540 Middle Neck Rd Great Neck, NY 11023

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Bank Space, 2,806 SF

    Lot size:
    2,806 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,806-square-foot retail space, located at 540 Middle Neck Road in Great Neck, New York, presents a unique investment opportunity. Currently vacant, this single-tenant building offers a stand-alone structure with a convenient drive-thru, ideal for a variety of uses. Situated within a well-maintained retail center, the property boasts ample parking for customers and employees. The strategic location benefits from high visibility and strong foot traffic, enhanced by its proximity to established businesses such as CVS, Ace Hardware, and Marie Blachère Bakery. The property's zoning allows for flexibility in tenant selection, with consideration given to restaurant or medical uses. This prime location in Nassau County, New York (zip code 11023), offers easy access to major transportation routes and a thriving community. The building's size and features make it an attractive option for businesses seeking a prominent presence in a bustling commercial area. The entire 2,806 square feet is available for immediate occupancy. This is a rare opportunity to acquire a well-positioned retail property in a desirable location.

    Property Features for 540 Middle Neck Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,806 SF

    Unit(s) available at that property

    Space
    Size
    2,806 SF

    HighLights

    • Dedicated turn lane for easy access.
    • Double drive‑thru for enhanced customer convenience.
    • Pylon signage for high visibility and brand recognition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Great Neck
    County
    Nassau
    State
    New York
    Longitude
    -73.7352648
    Latitude
    40.8009436

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Bank Space, 2,806 SF
    Where is this individual retail property located?
    The property is located at 540 Middle Neck Rd Great Neck, NY.
    What are key features of this property?
    This property features: Dedicated turn lane for easy access.; Double drive-thru for enhanced customer convenience.; Pylon signage for high visibility and brand recognition.
    Request Owner's contact information
    540 Middle Neck Rd Great Neck, NY 11023
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    Great Neck, NY 11023
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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
    540 Middle Neck Rd Great Neck, NY 11023
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