7 Oyster Bay RdLocust Valley, NY 11560

  • Industrial properties
  • 900 SF
For Sale
$3,575,000 View listing

Property Details for 7 Oyster Bay Rd

Lot size
0.23 AC
Property size (Sq ft)
900 SF
Property type
Industrial properties
Property subtype
Distribution centers
APN
23-00K-00-0015
APU
2300K000015

Description

This Locust Valley, NY industrial property, located at 7 Oyster Bay Road, presents a compelling owner-user opportunity. The 13,870 square foot warehouse, built in 1955, features two buildings across two stories and sits on a 0.53-acre lot. The property includes a convenient loading dock with twelve 12-foot high overhead doors, perfect for efficient material handling. High ceilings, measuring 15 feet, provide ample vertical space. The property is currently vacant with an occupancy date of September 13, 2023, allowing for immediate customization. Additional features include on-site parking and a gated rear lot. A significant advantage is the inclusion of an additional 0.23-acre lot across Oyster Bay Road, expanding the overall usable space and offering potential for outdoor storage. The property is zoned NB and offers gas service. The asking price is $3,575,000, translating to $257.75 per square foot. This corner lot location provides excellent visibility and accessibility. This warehouse is ideal for businesses seeking a versatile and well-equipped space in a desirable location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $170,315
    Hospitality
    $156,008
    Educational
    $129,797
    Medical
    $134,261
    Retail
    $201,906
7 Oyster Bay Rd, Locust Valley, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Locust Valley
County
Nassau
State
New York
Latitude
40.8791
Longitude
-73.584
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,009
$2,722
$19
$2,741
-
-
-
$274,100

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