160 Marvin Ave, Hempstead, NY 11550
This exceptional 1.75-acre commercial land parcel, located at 160 Marvin Avenue in Hempstead, New York, presents a unique investment opportunity. Situated in Nassau County, zip code 11550, this cleared, level, and paved lot is zoned Business B, offering significant development potential. Architectural plans are available for a project ranging from 80,000 to 100,000 square feet, capitalizing on the property's excellent visibility and convenient location. The site enjoys proximity to key transportation hubs, including the Hempstead LIRR station and bus terminal, as well as the courts and shopping centers, ensuring high accessibility and attracting a diverse clientele. This prime location makes it ideal for a wide range of commercial developments. The property is offered for sale, ground lease, or joint venture, providing flexibility to suit various investment strategies. With its strategic location, zoning compliance, and readily available architectural plans, this property represents a compelling opportunity for developers seeking a high-impact commercial project in a thriving area. The latitude and longitude coordinates are 40.7004388 and -73.617677 respectively.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.