16 Route 303 2ND, Tappan, NY 10983
This exceptional commercial property, located at 16 Route 303 in Tappan, New York, presents a compelling investment opportunity. Priced at $1,999,000, the property is classified as "Other," indicating a versatile use potential. The precise square footage is not currently available, however, the property sits on a zero-acre lot. This suggests a compact footprint, ideal for a variety of businesses that may not require extensive land. Its strategic location on Route 303 offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking high traffic exposure. The lack of specified square footage necessitates an on-site inspection to determine the exact dimensions and layout of the interior space. Potential buyers are encouraged to conduct thorough due diligence to assess the suitability of the property for their intended use. Given the price point and location, this property is likely to attract significant interest from investors seeking a foothold in the vibrant Tappan commercial market. Further information regarding zoning regulations and permitted uses should be obtained from the relevant local authorities. The absence of detailed property specifications underscores the need for a comprehensive site visit to fully evaluate the property's potential. This unique offering presents a chance to acquire a strategically positioned commercial asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CS · Tappan, NYTappan. Always verify with local authorities before improvements.
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.