24847 Jericho Tpke, Jamaica, NY 11426-1912
This exceptional commercial property, located at 24847 Jericho Turnpike in Bellerose, New York, presents a compelling investment opportunity. Priced at $1,390,000, this general commercial property offers significant potential for a variety of uses. While the square footage is not currently specified, the property's strategic location on Jericho Turnpike ensures high visibility and accessibility, making it ideal for businesses seeking a strong presence in a bustling area. The property sits on a zero-acre lot, suggesting a compact and potentially easily managed footprint. The address itself is a key asset, situated within a well-established commercial corridor in Bellerose, benefiting from existing infrastructure and a potentially strong customer base. Further due diligence is recommended to determine the precise square footage and to assess the suitability of the property for specific business plans. This property is being offered as-is, and potential buyers are encouraged to conduct thorough inspections and assessments to fully understand the property's condition and potential. The asking price reflects the property's location and potential, making it an attractive proposition for savvy investors seeking a foothold in a thriving commercial market. Serious inquiries are welcome. This is a rare opportunity to acquire a commercial property in a prime Bellerose location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
R4 · Jamaica, NYJamaica. Always verify with local authorities before improvements.
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.