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    178 Old Country Rd Hicksville, NY 11801

    Sponsored
    For Sale
    $750,000

    1,320 SF Warehouse/Retail, High-Profit Potential

    Property size:
    1,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Hicksville, NY property at 178 West Old Country Road presents a unique investment opportunity. The 1,320 square foot building, situated on a 12,636 square foot lot, offers a versatile space suitable for industrial or retail use. The building features ceiling heights ranging from 11 to 15 feet, providing ample vertical space for various operations. Currently configured as a fully operational gas station and mechanic shop, this property offers significant income potential. The gas station consistently sells 100,000 gallons of fuel monthly, generating a profit margin of 35 to 65 cents per gallon. The mechanic shop operates as a tenant, generating additional income exceeding the gas station's rental value. The sale includes both the gas station and the mechanic shop businesses, allowing the buyer to operate rent-free. This turnkey operation in a bustling Hicksville shopping center provides a rare chance to acquire a high-profit, established business with substantial existing revenue streams. The property is located in Nassau County, NY, zip code 11801. This is a single-unit property with significant upside potential for a savvy investor.

    Property Features for 178 Old Country Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    1,320 SF

    Building Details

    Units
    1

    HighLights

    • 1,320 SF building on a 12,636 SF lot in Hicksville, NY (11801).
    • Versatile space suitable for industrial or retail use, with 11‑15' ceiling heights.
    • Currently operating gas station (100,000 gallons/month) and mechanic shop, generating substantial income.
    • Turnkey operation includes both businesses, offering immediate rent‑free operation.
    • High‑profit, established business in a bustling shopping center with significant upside potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Advanced Auto Service ... Auto Repair Shop Green Light Petroleum Gas Station Al's One Stop ... Auto Body Shop Intoxalock Ignition Interlock Safety Equipment Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hicksville
    County
    Nassau
    State
    New York
    Longitude
    -73.5282729
    Latitude
    40.7620445

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    FAQs

    What type of property is this?
    Distribution property - 1,320 SF Warehouse/Retail, High-Profit Potential
    Where is this distribution property located?
    The property is located at 178 Old Country Rd Hicksville, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 1,320 SF building on a 12,636 SF lot in Hicksville, NY (11801).; Versatile space suitable for industrial or retail use, with 11-15' ceiling heights.; Currently operating gas station (100,000 gallons/month) and mechanic shop, generating substantial income.
    Request Owner's contact information
    178 Old Country Rd Hicksville, NY 11801
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    Hicksville, NY 11801
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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
    178 Old Country Rd Hicksville, NY 11801
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