2170 Jericho Tpke Commack, NY 11725
- Investment properties
- 0.58 lot acres
Current Use by Public Records
- Investment properties
Property Details for 2170 Jericho Tpke
- Lot size
- 0.58 lot acres
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 0800-116.00-01.00-001.001
- APU
- 800116000100001001
Description
This exceptional 3,100 square foot retail space, located at 2170 Jericho Turnpike in Commack, New York, presents a fantastic opportunity for a single-tenant business. Situated in Suffolk County, this property boasts a generous 25,264 square foot lot and ample parking with 43 spaces, ensuring convenient access for customers and employees. The entire building is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The property is classified as both Restaurant and Commercial, making it suitable for a wide range of businesses. Its prime location on Jericho Turnpike in Commack provides excellent visibility and accessibility, placing it within a thriving commercial area. The property's size and parking capacity make it ideal for businesses requiring significant space and convenient customer parking. This is a rare opportunity to secure a substantial retail space in a desirable location with high traffic volume. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The zip code is 11725.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,540,000
- 6.5%
- $2,420,000
- 7%
- $2,220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,410,000
- Geo Method
- $2,565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,500,000
- Retail
- $2,445,000
- Mixed-Use
- $2,470,000
- Hospitality
- $2,315,000
- Educational
- $1,985,000
- Residential Income
- $2,365,000
- Energy
- $1,955,000
- Income-Based Land
- $2,485,000
- Food Service
- $2,000,000
Location Insight
- Map
- Local Demand
- City
- Commack
- County
- Suffolk
- State
- New York
- Longitude
- -73.2845
- Latitude
- 40.8427
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA