Property profile

200 Rte 303 West Nyack, NY 10994

OFF-MARKET
Warehouses
Property ID
US63-2640618
26,720 SF 3 ac lot Built 1968
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 3-acre commercial redevelopment site presents a unique investment opportunity in the thriving West Nyack, New York market. Located at 200 Route 303, this property boasts a substantial 26,500 square foot footprint, offering significant potential for a variety of commercial ventures. The site's single-tenant history simplifies redevelopment planning, eliminating the complexities associated with multiple occupancies. Situated in Rockland County, NY, this location benefits from excellent accessibility via Route 303, ensuring high visibility and convenient access for both employees and customers. The expansive lot size provides ample space for ambitious development projects, allowing for creative design and efficient utilization of the land. The property's zoning and permitted uses should be independently verified to ensure alignment with any prospective development plans. This is an exceptional chance to acquire a significant commercial parcel in a desirable location, ripe for redevelopment and poised for substantial returns. The property is zoned for commercial use, and the previous structure was a single-tenant building. Further due diligence is recommended to confirm all aspects of the property's suitability for intended use. The zip code is 10994.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1968
Total area 26,720 SF
Lot 3 ac (130,680 SF)
APN 392089 59.18-1-12
UPID US63-2640618

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
  • Carpet & Flooring Store Hardware & Home Improvement
  • Production Facility Factory
  • Car Rental Facility

Location

200 Rte 303 West Nyack, NY 10994-1619
West Nyack metro Census 11102 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.14M
Comparable Approach Comparable
$2.64M
Blend (final) Blend
$995k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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