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Freestanding Corner Storefront
For Sale
$2,750,000

926 Nassau Road, Uniondale, NY 11553

A signalized intersection, multiple curb cuts, and an existing tenant shape the property’s commercial profile.

Property Size4,934 SF
Price / SF$557.36
Days on Market248

Property Features for 926 Nassau Road

General Information

Standard status Active
Size 4,934 SF
Total Parking Spaces 32
Property subtype Commercial
Zoning 484.14
Net Operating Income $134,894

Site & Location

Corner Location Yes
Traffic Count 26,700 vehicles/day
Road Access Yes

Additional Details

Gross Income $138,000
Sprinkler System Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $38,167

Building Details

Building Size 4,934 SF
Year Built 1948
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #1020151
Source: Croninreale
Added: Feb 18 Changed: Oct 23 Last Checked: Oct 23 at 3:54PM

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 All Island Estates Realty Corp

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Investment Insights

Based on property information with market context.

This freestanding storefront building contains 4,934 square feet on a lot exceeding 14,000 square feet. Existing features include 20-foot ceilings, a loading dock, a roll-up door, sprinklers, 3-phase power, central air conditioning, and updated LED lighting. The property is occupied by a beer distributor under a lease expiring February 1, 2029.

At 926 Nassau Road in Uniondale, the building sits at a signalized intersection with multiple curb cuts and 32 parking spaces. Nassau Road carries a reported daily traffic count of 26,700+ vehicles, and the Southern State Parkway is a few blocks away. Nearby businesses include Home Depot, ShopRite, Walgreens, Aldi, and 7-Eleven.

Key Highlights

  • 4,934‑square‑foot building on a lot exceeding 14,000 square feet
  • 32 parking spaces and multiple curb cuts at a signalized intersection
  • 20‑foot ceilings, loading dock, and roll‑up door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,708
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,954,160 $2.0M
Cap Rate 7%
$1,395,829 $1.4M
Cap Rate 9%
$1,085,644 $1.1M
Market Conditions
NOI Build-Up for 4,934 SF
Gross rent
$148.0K $30.00/SF
− Vacancy
−$8.4K −$1.71/SF
EGI
$139.6K $28.29/SF
− OpEx
−$41.9K −$8.49/SF
NOI
$97.7K $19.80/SF
Area
Nassau County, NY
Vacancy
5.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,954,160
Cap Rate 7%
$1,395,829
Cap Rate 9%
$1,085,644

Alternative Uses

Best Use
Retail
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,708 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.26M
$2.85M – $3.81M (±1% cap)
NOI $228,358 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Thrifty Beverage Center Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26,700 VPD
Traffic count
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

590
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 97% Dining 3% Apparel 1%
BP Shops & Services
19,632 visits/mo 0.2 miles
Sunoco Shops & Services
14,684 visits/mo 0.3 miles
7-Eleven Shops & Services
10,994 visits/mo 0.4 miles
Family Dollar Shops & Services
9,668 visits/mo 0.1 miles
Valvoline Instant Oil Change Shops & Services
2,204 visits/mo 0.0 miles

Demographics for 11553, NY

26,929
Population
7,365
Households
3.7
Avg Household Size
36
Median Age
22%
College-Educated
82%
High-School Grad
3.2 sq mi
ZIP Area
8,415
Density / Sq Mi
$105,994
Median Household Income
$41,564
Median Earnings
$2,122
Median Rent
$486,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Ecuaflowers And Gift Llc — 61 Mansfield Ave, Roosevelt, NY 11575

Frequently Asked Questions

What type of property is this?
Storefront property - A signalized intersection, multiple curb cuts, and an existing tenant shape the property’s commercial profile.
Where is this storefront property located?
The property is located at 926 Nassau Road Uniondale, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 4,934‑square‑foot building on a lot exceeding 14,000 square feet; 32 parking spaces and multiple curb cuts at a signalized intersection; 20‑foot ceilings, loading dock, and roll‑up door
More about this property
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