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Property profile & analytics
OFF-MARKET
Automotive properties

554 Rte 111 Hauppauge, NY 11788-4346

0.3 ac lot
Individually Owned 24-yr Hold Free & Clear
Property ID
US63-3506487
Property summary
AI-generated overview

This exceptional business opportunity presents a chance to acquire a well-established enterprise situated on a desirable 0.3-acre lot at 554 Route 111 in Hauppauge, New York. The asking price is $1,695,000. The property's precise square footage is not currently specified, however, the substantial lot size offers ample space for potential expansion or outdoor operations. The sale includes both the real estate and the ongoing business, providing a turnkey solution for a prospective buyer. This presents a unique opportunity to step into an existing, profitable venture with established clientele and operational infrastructure. The location on Route 111 offers excellent visibility and accessibility, ensuring high traffic and convenient access for customers and employees. Further details regarding the specific nature of the business and its financial performance are available upon request, subject to a non-disclosure agreement. Serious inquiries only. This is an exceptional opportunity for an entrepreneur seeking a ready-made business with significant growth potential in a prime Hauppauge location. The property is offered as a complete package, including all existing fixtures, equipment, and inventory, facilitating a seamless transition for the new owner. Don't miss this chance to acquire a thriving business in a highly sought-after area. Contact us today to schedule a viewing and learn more about this exciting investment opportunity.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Lot 0.3 ac (13,068 SF)
APN 0800-156.00-01.00-007.000
UPID US63-3506487
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
James F Gelling · 24 yrs held
James F Gelling
since 2002
1 recorded transaction
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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