540 Middle Nck Rd, Great Neck, NY 11023-1422
This exceptional 2,806-square-foot retail space, located at 540 Middle Neck Road in Great Neck, New York, presents a unique investment opportunity. Currently vacant, this single-tenant building offers a stand-alone structure with a convenient drive-thru, ideal for a variety of uses. Situated within a well-maintained retail center, the property boasts ample parking for customers and employees. The strategic location benefits from high visibility and strong foot traffic, enhanced by its proximity to established businesses such as CVS, Ace Hardware, and Marie Blachère Bakery. The property's zoning allows for flexibility in tenant selection, with consideration given to restaurant or medical uses. This prime location in Nassau County, New York (zip code 11023), offers easy access to major transportation routes and a thriving community. The building's size and features make it an attractive option for businesses seeking a prominent presence in a bustling commercial area. The entire 2,806 square feet is available for immediate occupancy. This is a rare opportunity to acquire a well-positioned retail property in a desirable location.
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.