1901 Bellmore Ave, North Bellmore, NY 11710-5639
This exceptional 1,556 square foot auto shop, situated on a prominent 10,000 square foot corner lot in Bellmore, NY, presents a unique investment opportunity. Located on busy Bellmore Avenue at a signaled intersection with an estimated 18,000 vehicles passing daily, this property boasts unparalleled visibility and accessibility. The single-story, 1951-built building features two bays, an office, and ample storage space, currently operating at 100% occupancy. With 50 parking spaces and multiple curb cuts, the property is ideally suited for continued use as an auto repair or sales facility. The asking price is $1,240,000, translating to $797 per square foot and $130 per square foot for the land. The property can be delivered vacant. The seller is open to financing options for a qualified buyer. This established business has operated successfully at this location for approximately 15 years, offering a proven track record and immediate income potential. The property's size and location also present significant redevelopment potential for a variety of retail uses. This is a rare opportunity to acquire a high-traffic, well-established commercial property in a desirable location.
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GT Motor Cars Inc Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.