Property profile

55 W Ames Ct Plainview, NY 11803

FOR LEASE
Manufacturing properties
Property ID
US63-3312731
16,542 SF 5.4 ac lot Built 1969
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 15,171 square foot flex space is part of a larger 90,215 square foot renovated industrial building situated at 55 West Ames Court in Plainview, New York. The property boasts a convenient location, immediately off the Long Island Expressway, ensuring easy access to major transportation routes. The building itself is a single-story Class C structure, offering ample space for a variety of industrial and flex uses. The available space is part of a multi-tenant building. The property features one loading dock and one drive-in door, providing efficient loading and unloading capabilities. The lot size is a substantial 5.5 acres. Annual property taxes are $5.58 per square foot. This is a fantastic opportunity for businesses seeking a well-maintained, strategically located industrial or flex space in a thriving Long Island market. The building has undergone renovations, ensuring modern amenities and functionality. The available space presents a unique chance to establish or expand your operations in a highly accessible and desirable location. Don't miss this chance to secure your business's future in this prime Plainview property.

Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,542 SF
Lot 5.4 ac (235,224 SF)
APN 13-083-00-0034
UPID US63-3312731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Insurance Agency

Location

55 W Ames Ct Plainview, NY 11803
Plainview metro Census 519702 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.82M

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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