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    Property profile & analytics
    OFF-MARKET Estimated value $940,000
    Investment properties

    4236 Merrick Rd, Massapequa, NY 11758-6016

    2,603 SF 0.15 ac lot Built 1966
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-2344398
    Property summary
    AI-generated overview

    This exceptional single-tenant office space, located at 4236 Merrick Road in Massapequa, New York, presents a fantastic opportunity for businesses seeking a well-situated and functional workspace. The property, situated in Nassau County (zip code 11758), offers a total of 4,650 square feet, with 1,600 square feet currently available for lease. The building is classified as both retail and office space, making it suitable for a variety of businesses. The property's traditional office subtype ensures a professional and established environment. Its convenient location on Merrick Road provides excellent visibility and accessibility. The single-tenant occupancy offers privacy and control over the space. This is an ideal opportunity for a business looking to establish or expand its presence in the thriving Massapequa market. The available 1,600 square feet provides ample room for various office configurations, allowing for customization to meet specific business needs. The property's location in Nassau County, New York, offers access to a strong workforce and a vibrant local economy. Interested parties are encouraged to inquire further to explore the possibilities of this prime commercial real estate opportunity.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1966
    Construction FRAME
    Total area 2,603 SF
    Lot 0.15 ac (6,696 SF)
    APN 65-038-00-1359
    UPID US63-2344398
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Senator John Brooks State Government Office
    • Acme Pharmacy Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $900k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.16M
    Blend (final) Blend
    $940k
    Owner & transaction history
    Tpa III LLC · 6 yrs held
    Tpa III LLC
    since 2019
    Last sale
    $935,000
    2 recorded transactions
    2019
    $1.7M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.3M +60.6%
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