603 Fayette Ave Mamaroneck, NY 10543
- Warehouses
- 4,600 SF
- 0.11 lot acres
Current Use by Public Records
- Warehouses
Property Details for 603 Fayette Ave
- Year built
- 1950
- Lot size
- 0.11 lot acres
- Property size
- 4,600 SF
- Property type
- Warehouses
- APN
- 553203 8-29-231
- APU
- 553203829231
Description
This exceptional industrial property, located at 603 Fayette Avenue in Mamaroneck, New York, presents a compelling investment opportunity. Boasting a substantial 4,600 square feet of space, this building sits on a conveniently sized 0.11-acre lot, offering ample room for operations and potential expansion. The property's industrial zoning allows for a wide range of uses, making it suitable for various businesses seeking a well-located and functional space. Its prime location in Mamaroneck provides easy access to major transportation routes, ensuring efficient logistics and convenient commutes for employees and clients. The asking price of $1,300,000 represents a strong value proposition in the current market, considering the building's size, lot size, and strategic location. This property is ideal for businesses seeking to establish a strong presence in a thriving community. Serious inquiries are encouraged to explore the potential of this versatile industrial space and its significant return on investment. The property is ready for immediate occupancy, allowing for a swift and seamless transition for new owners. Don't miss this chance to acquire a valuable asset in a desirable location. Further details and scheduling of viewings are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $350,000
- 7%
- $380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $305,000
- Mixed-Use
- $395,000
- Hospitality
- $325,000
- Educational
- $310,000
- Residential Income
- $315,000
- Energy
- $395,000
- Income-Based Land
- $380,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Mamaroneck
- County
- Westchester
- State
- New York
- Longitude
- -73.7465
- Latitude
- 40.9493
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA