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    FOR SALE
    Investment properties

    185 Oval Dr, Islandia, NY 11749

    1.2 ac lot
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US63-0171319
    Property summary
    AI-generated overview

    This exceptional 20,000 square foot industrial warehouse, located at 185 Oval Drive, presents a unique opportunity for businesses seeking a single-tenant space. The property is classified as industrial and boasts a prime location, ideal for a variety of operational needs. The building's substantial size offers ample room for storage, manufacturing, or distribution activities. Its single-tenant occupancy ensures exclusive use and control over the entire facility, eliminating the complexities of shared spaces. This presents a significant advantage for businesses requiring dedicated space and operational independence. The property is available for both sale and lease, providing flexibility to suit diverse financial strategies. Interested parties are encouraged to explore this exceptional opportunity to acquire or lease a high-quality industrial warehouse in a desirable location. The building's design and layout are well-suited for a range of industrial uses, offering a versatile space adaptable to specific business requirements. The property's single-tenant status ensures a streamlined operational environment, minimizing potential conflicts and maximizing efficiency. This prime industrial space represents a compelling investment or leasing opportunity for businesses seeking a substantial and well-located facility. Further details regarding pricing and lease terms are available upon request. Don't miss this chance to secure a significant industrial asset.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Lot 1.2 ac (52,272 SF)
    Zoning code NULL
    APN 0504-011.00-01.00-020.000
    UPID US63-0171319
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mjjp Realty LLC · 6 yrs held
    Mjjp Realty LLC
    since 2019
    3 recorded transactions
    2019
    $2.5M
    2010
    $1.7M
    1969
    Zoning & alternative use
    NULL · Islandia, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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