1 Neil Ct, Oceanside, NY 11572
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.
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
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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.