Property summary
This exceptional industrial property, located at 510 S Franklin St in Hempstead, New York, presents a significant investment opportunity. Priced at $3,500,000, the property offers substantial potential for a variety of industrial uses. While the exact square footage is not currently specified, the building sits on a zero-acre lot, suggesting a compact and efficient layout ideal for businesses needing a strategic Hempstead presence. The property's address in Hempstead positions it within a dynamic commercial area, offering convenient access to major transportation routes and a skilled workforce. This makes it an attractive option for companies seeking a well-situated industrial space. Further details regarding the building's internal specifications, including layout, amenities, and potential for expansion, are available upon request. Given the prime location and competitive price point, this property is expected to generate significant interest. Serious inquiries are encouraged to explore this compelling investment opportunity in the thriving Hempstead market. The absence of specified square footage presents an opportunity for customization and efficient space planning to meet specific business needs. This property is ready for immediate occupancy and offers a unique chance to establish a strong foothold in a desirable commercial area.
Property profile
VerifiedCap rate & NOI
Current use
-
Law Firm
-
Clothing Store
-
Recording Studio
-
Corporate Office
-
Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.