1721 Main St Peekskill, NY 10566-3118
Property profile & analytics
1721 Main St Peekskill, NY 10566-3118
- Retail space
- 0.55 lot acres
Property ID
US63-5032595
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- AutoZone Auto Parts / Auto Parts Store
- AUTOZONE 4730 / Auto Parts Store
Property Details for 1721 Main St
- Lot size
- 0.55 lot acres
- Property type
- Retail space
- APN
- 551200 33.6-11-3.2
- APU
- 5512003361132
Description
This exceptional investment opportunity presents a 6,786 square foot AutoZone retail property located at 1721 Main St, Peekskill, NY 10566. Built in 2017, the property boasts a strong 5.65% cap rate and a substantial net operating income (NOI) of $260,000. The property features an absolute NNN lease with a credit-rated, corporate guarantee from AutoZone (NYSE: AZO), ensuring consistent cash flow. The lease, with a remaining term of 7.4 years, includes four five-year renewal options with 10% rent escalations beginning in the second option period. Situated on a 0.55-acre lot, this location benefits from high traffic counts (13,397 ADT) and a strong demographic profile, including an average household income of $155,100 within a 5-mile radius and over 80,000 people in the same area. The property's e-commerce resistant tenant and proximity to complementary businesses like Beer World and Family Dollar further enhance its value and stability. This is a rare opportunity to acquire a high-performing, well-located retail asset with significant long-term growth potential. The asking price is $4,602,000, representing a price per square foot of $678.16. The property's high barriers to entry in the submarket contribute to its enduring appeal.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Peekskill
- County
- Westchester
- State
- New York
- Longitude
- -73.9063
- Latitude
- 41.2936
- 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
2020
$0.00
$13,200
$42,800
$56,000
-
$552,301
$1,790,795
$2,343,096
