Property profile

3000 Middle Country Rd Lake Grove, NY 11755

OFF-MARKET
Investment properties
Property ID
US63-4332665
0.43 ac lot
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 750,000 dollar commercial land parcel, located at 3000 Middle Country Road in Lake Grove, New York, presents a unique investment opportunity. Situated in Suffolk County, NY, with zip code 11755, this property offers significant potential for various commercial ventures. The precise acreage is not specified, but the asking price reflects its considerable value within the thriving Lake Grove market. The property's address is conveniently located on Middle Country Road, providing excellent visibility and accessibility. Its geographical coordinates are 40.8602892 latitude and -73.1172573 longitude, allowing for easy location verification and mapping. The property is currently available for both sale and lease, offering flexibility to prospective buyers or tenants. This prime location in Lake Grove, New York, offers a strong foundation for a successful commercial undertaking. Further due diligence is recommended to fully assess the development potential and zoning regulations applicable to this property. Interested parties should conduct their own independent investigation to confirm all aspects of the property and its suitability for their intended use. The property is classified as commercial land, and the asking price is a firm 750,000 dollars. This represents a compelling opportunity for investors seeking a strategic foothold in the dynamic commercial landscape of Lake Grove.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.43 ac (18,731 SF)
APN 0208-013.00-06.00-009.000
UPID US63-4332665

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
  • Restaurant
  • Bakery Specialty Food Shop
  • Corporate Office
  • Mobile Phone Store Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store

Location

3000 Middle Country Rd Lake Grove, NY 11755-2106
Lake Grove metro Census 158505 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

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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