400 Herricks Rd Mineola, NY 11501
For Sale
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This exceptional commercial property presents a unique redevelopment opportunity in the thriving town of Mineola, New York. The property boasts a substantial 11,700 square foot lot, offering significant potential for expansion or new construction. The existing building comprises 1,440 square feet of usable space. Importantly, the property is environmentally compliant, eliminating potential remediation concerns and ensuring a smooth transition for any future development. Its strategic location provides convenient access to major roadways, guaranteeing high visibility and easy accessibility for both employees and customers. The bustling Mineola location offers proximity to a variety of amenities, creating a desirable environment for businesses seeking a vibrant and convenient setting. This property is ideal for entrepreneurs and investors seeking to capitalize on a prime location and significant development potential. The generous lot size allows for a wide range of development possibilities, from expanding the existing structure to constructing a completely new building tailored to specific business needs. This is a rare opportunity to acquire a clean, compliant property in a highly desirable location. Don't miss this chance to secure a strong foundation for your next business venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.