Property profile

1 Neil Ct Oceanside, NY 11572

OFF-MARKET
Warehouses
16,000 SF Built 1959
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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

Location

1 Neil Ct Oceanside, NY 11572
Oceanside metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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