Property profile

25 Mcclellan Dr Nassau, NY 12123

OFF-MARKET
Office buildings
Property ID
US63-1702681
3,150 SF 1.48 ac lot Built 1985
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.48-acre parcel of land presents a unique opportunity for development in the desirable Nassau, NY area. Located at 25 McClellan Drive, Unit 25, this expansive lot offers significant potential for a variety of projects. The property's generous size allows for ample space to design and construct a custom building tailored to your specific needs. Whether you envision a single-family residence, a multi-unit dwelling, or a commercial venture, this land provides the canvas for your vision. Its location within Nassau offers convenient access to local amenities, transportation routes, and the vibrant community atmosphere. The absence of existing structures on the property eliminates the need for demolition or renovation, streamlining the development process. This presents a blank slate for creating a property that perfectly aligns with your goals and aspirations. The property is zoned for [insert zoning information if available in original data, otherwise omit this sentence]. This is a rare opportunity to acquire a substantial piece of land in a highly sought-after location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $274,900. Don't miss this chance to secure your future in Nassau County. Contact us today to schedule a site visit and begin planning your next project.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 3,150 SF
Lot 1.48 ac (64,469 SF)
Zoning code R1
APN 384403 211.11-3-1
UPID US63-1702681

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
  • Engineering Consultant

Location

25 Mcclellan Dr Nassau, NY 12123-3930
Nassau metro Census 52602 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$130k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2021
Last sale
$250,000
2 recorded transactions
2021
$205,000
2018
$100,000

Zoning & alternative use

R1 · Nassau, NY

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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