485 Merrick Rd Rockville Centre, NY 11570
Property profile & analytics
485 Merrick Rd Rockville Centre, NY 11570
- Commercial land
- 5,401 SF
- 0.12 lot acres
Property ID
US63-0273889
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- RALI PET of Rockville Centre / Medical Clinic
- Mount Sinai Doctors - Rockville Centre, PET/CT Radiology / Medical Clinic
Property Details for 485 Merrick Rd
- Year built
- 1902
- Lot size
- 0.12 lot acres
- Property size
- 5,401 SF
- Property type
- Commercial land
- APN
- 38-336-00-0140
- APU
- 38336000140
Description
This exceptional single-tenant retail property, located at 2700 Tuckaseegee Road in the Upton Charlotte submarket, presents a unique investment opportunity. The building encompasses 2,400 square feet and is classified as a convenience store within the Urban submarket cluster. Its prime location within a thriving neighborhood has fostered a successful operation for over 50 years, demonstrating strong historical performance and established customer loyalty. The property's single-tenant occupancy simplifies management and minimizes vacancy risks. The building itself is well-maintained and benefits from its established presence within the community. This offering provides a rare chance to acquire a long-standing, profitable business in a desirable urban location. The property's history of success, combined with its convenient size and established customer base, makes it an attractive prospect for investors seeking a stable and potentially high-return investment. Further due diligence is encouraged to fully assess the financial performance and potential of this exceptional retail property. The property's location within the Upton Charlotte submarket offers excellent access to transportation and a dense population base, contributing to its sustained success. This is a turnkey opportunity for an experienced investor looking to acquire a proven, profitable business.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,350,000
- ML approach
- $2,120,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,632,000
Market price range: $1.63M - $5.77M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,495,000 Current use
- AUTO REPAIR, GARAGE
- $3,640,000 Change: +4% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $3,260,000 Change: -7% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rockville Centre
- County
- Nassau
- State
- New York
- Longitude
- -73.636
- Latitude
- 40.6552
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,871
$1,663
$0.00
$1,663
-
$0.00
$0.00
$166,300
