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143 Jericho Tpke, Mineola, NY 11501
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Property summary
AI-generated overview
This newly renovated 1,800 square foot retail space at 143 Jericho Turnpike in Mineola, NY (zip code 11501) is available for immediate occupancy. The property boasts a prime storefront location on a busy commercial block, offering excellent visibility and signage opportunities. The open floor plan is ideal for a variety of retail businesses. Key features include a brand new, ADA-compliant bathroom on the first floor and a spacious 1,500 square foot full basement with a half bath. This location benefits from excellent demographics, being situated in a densely populated area with convenient access to public transportation, including multiple bus stops and proximity to the Long Island Rail Road (LIRR). The high foot traffic is further enhanced by its location across the street from a Starbucks. Ample street parking is available for customers and employees. This exceptional property is currently vacant and also available for purchase. This is a fantastic opportunity for businesses seeking a prominent location with a strong community presence.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,165 SF
Lot
0.09 ac (3,841 SF)
APN
09-405-00-0101
UPID
US63-4029772
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
-
Advertising Agency Marketing & Advertising
-
Hair Salon Nail Salon
-
Hair Salon
-
Mobile Phone Store Electronics & Wireless Store
-
Loan Service Bank
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.89M
Blend (final)
Blend
$2.51M
Owner & transaction history
since 2007
5 recorded transactions
Zoning & alternative use
Top alternative use upside
Commercial (general)
$3.3M
+40.7%
Neighborhood: shopping center
$2.8M
+19.0%
Office building
$2.5M
+8.8%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 10 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.51M
Value range
$2.26M – $2.76M
±10% around blend
Estimated value / SF
$793 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$2.26M
blend $2.51M
$2.76M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,165 SF
Lot area
0.09 ac
Year built
1927
Stories
2
APN
09-405-00-0101
Assessed value
$10,665
Annual tax
$53,783
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$53,783
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.92M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 3,774 SF
3.8 mi away · 2,257 SF
7.1 mi away · 2,525 SF
7.3 mi away · 3,400 SF
7.6 mi away · 3,600 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$737
+8%
Submarket 32 sales
$789
+0%
County 462 sales
$570
+39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $793/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+41%
vs current-use indication
Neighborhood: Shopping Center
Office Building
Retail Stores · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.21%
Selected cap rate for this retail space
Derived from the Mineola market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.21%
9.0%
NOI (est.)
$151k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.57M
Move the market yield to see immediate price impact.
Value / SF
$1,130
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.71%4.21%4.71%
$135k
$3.65M
$3.22M
$2.88M
$151k
$4.06M
$3.57M
$3.20M
$166k
$4.46M
$3.93M
$3.51M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$1.68M
1.0 mi · Feb 2026 · $645/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$53,783
Tax year 2023
Assessed value
$10,665
Assessed 2023
Previous assessed
$10,665
+0.0% YoY
Effective rate
504.29%
On assessed value
Assessed land
$1,556
Assessed improvement
$9,109
Total market value
$1,066,500
Applied tax rate
702.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Total area
3,165 SF
Lot
0.09 ac (3,841 SF)
APN
09-405-00-0101
UPID
US63-4029772
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
0.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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