Property profile

3 Anchor Ave Oceanside, NY 11572

OFF-MARKET
Auto shops
Property ID
US63-2930939
2,470 SF 0.1 ac lot Built 1926
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Oceanside, NY commercial property presents a unique investment opportunity, ideally suited for an auto body shop or similar automotive-related business. Located at 3 Anchor Ave, this 3192 square foot mixed-use building sits on a 0.1-acre lot and is currently priced at $999,000. The property's zoning allows for auto body repair and other mixed-use applications, making it perfect for tire shops or related services. The building's design incorporates multiple bays and garages, providing ample space for efficient operations and storage. This well-equipped warehouse offers significant potential for both business growth and substantial income generation. The strategic location in Oceanside ensures high visibility and accessibility, attracting a large customer base. This turnkey operation is ready for immediate occupancy, allowing a new owner to begin generating revenue quickly. The property's strong structural integrity and functional layout contribute to its overall value and appeal. This is a rare opportunity to acquire a well-established and profitable commercial property in a thriving market. Serious inquiries are encouraged to explore this promising investment prospect further. The property's size and zoning make it a versatile option for a variety of automotive-related businesses. Don't miss this chance to secure a prime commercial space in a desirable location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1926
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,470 SF
Lot 0.1 ac (4,270 SF)
APN 43-327-00-0124
UPID US63-2930939

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

Location

3 Anchor Ave Oceanside, NY 11572-3036
Oceanside metro Census 413200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.82M
Blend (final) Blend
$1.39M

Owner & transaction history

since 2025
1 recorded transaction
2025
$485,000

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.3M +34.2%
Neighborhood: shopping center $2.2M +28.1%
Office building $1.7M +3.0%

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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