Property profile

425 Nassau Rd Roosevelt, NY 11575

OFF-MARKET
Land
1,400 SF
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 425 Nassau Road in Roosevelt, New York, presents a unique investment opportunity. The property boasts a substantial 20,000 square foot lot, zoned for business use, providing ample space for a variety of commercial ventures. A 1,400 square foot, single-story building is currently on the site. The asking price is $1,800,000, translating to $1,285.71 per square foot. Situated in Nassau County, with convenient access to major roadways, this property benefits from high visibility on the busy Nassau Road. The property's Business zoning allows for a wide range of commercial uses, making it an ideal location for entrepreneurs and established businesses alike. This is a rare opportunity to acquire a well-located commercial property in a thriving area of Long Island. The 11575 zip code offers a strong demographic profile and excellent access to local amenities. This property is ready for immediate development or redevelopment, offering significant potential for return on investment. Don't miss this chance to secure a prime piece of commercial real estate in Roosevelt, New York.

Property profile

Verified
Property type Land
Total area 1,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Location

425 Nassau Rd Roosevelt, NY 11575
Roosevelt metro
Google Maps

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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