Property profile

5601 Merrick Rd Massapequa, NY 11758

OFF-MARKET
Grocery and convenience stores
Property ID
US63-0255654
22,140 SF 1.51 ac lot Built 1971
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,140 SF
Lot 1.51 ac (65,776 SF)
APN 53-018-00-0054
UPID US63-0255654

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
  • Home Appliance Store
  • Grocery & Convenience Store Food Market

Location

5601 Merrick Rd Massapequa, NY 11758-6237
Massapequa metro Census 522000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.23M
Blend (final) Blend
$12.60M

Owner & transaction history

since 2022
Last sale
$13.0M
7 recorded transactions
2022
$13.0M
2009
Price N/A
2009
$2.5M
1999
$3.6M
1990
$2.6M
1969
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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