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    Warehouses

    1 Neil Ct, Oceanside, NY 11572

    16,000 SF Built 1959
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16,000-square-foot warehouse, situated in Nassau County's desirable light industrial submarket, presents a unique investment opportunity. The single-story, Class B building, constructed in 1959, boasts a column-free interior and impressive 15-foot ceilings, making it ideal for light manufacturing and distribution operations. The property features five individual suites, with a minimum divisible space of 2,900 square feet and a significant 8,900 square feet currently vacant. This allows for flexibility in tenant occupancy, catering to businesses of varying sizes. Ample parking is provided with 20 spaces on-site, complemented by four convenient drive-in doors for efficient loading and unloading. The building is equipped with 200 amps of power. Its strategic location near major thoroughfares and public transportation ensures easy access for employees and clients. The property is zoned for light industrial use, aligning perfectly with its intended purpose. This warehouse offers a compelling combination of size, functionality, and location, making it an attractive option for businesses seeking efficient and well-situated industrial space in Nassau County. No elevators are present. The cross street is West Oceanside Rd.

    Property profile
    Verified
    Property type Warehouses
    Year built 1959
    Total area 16,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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