Property profile

290 Main St Spring Valley, NY 10977

OFF-MARKET
Auto shops
Property ID
US63-2863110
3,764 SF 0.38 ac lot Built 1980
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 290 N Main St in Spring Valley, NY, presents a compelling investment opportunity. The property boasts a total of 5,994 square feet across four units within a single building, situated on a 0.38-acre lot. The asking price is $7,000,000, translating to a price per square foot of $1,167.83 and a strong 7.00% capitalization rate. The property is zoned CS, offering flexibility for a variety of retail uses. The property's address is 290 N Main St, Spring Valley, NY 10977, and its location within Rockland County provides excellent access to a thriving community. The property's APN is 392689-050-014-0004-036-000-0000. This is an ideal investment for those seeking a high-return retail property in a desirable location. The strong cap rate and established tenant base make this a low-risk, high-reward opportunity. The property's size and zoning provide ample potential for future growth and expansion. Serious inquiries are encouraged to explore this lucrative investment further. Detailed financial information and property specifics are available upon request.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1980
Total area 3,764 SF
Lot 0.38 ac (16,553 SF)
Zoning code CS
APN 392689 50.14-4-36
UPID US63-2863110

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
  • Auto Repair Shop
  • Event Planning Wedding Service
  • Auto Repair Shop
  • Hair Salon Nail Salon
  • Nail Salon

Location

290 Main St Spring Valley, NY 10977-3763
Spring Valley metro Census 11511 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M

Owner & transaction history

since 2022
Last sale
$850,000
2 recorded transactions
2023
Price N/A
2022
$850,000

Zoning & alternative use

CS · Spring Valley, 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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