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    FOR SALE
    Retail space

    791-795 Middle Country Rd, Saint James, NY 11780

    14,460 SF 1.07 ac lot
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US63-0396564
    Property summary
    AI-generated overview

    This exceptional 14,582 square foot multi-tenant warehouse and flex space property, located at 791-795 Middle Country Road in Saint James, New York, presents a compelling investment opportunity. Boasting a highly visible street frontage on Middle Country Road, this 1980-built property sits on a 1.05-acre lot and offers significant potential for various uses. Currently operating at 100% occupancy with a strong 7.00% cap rate, the asking price is $3,955,000. The property features six loading docks, ample parking for 50 vehicles, and a desirable 17'3" ceiling height. The property is classified as Retail and Industrial, with a Net lease type. Its strategic location in Suffolk County, NY, zip code 11780, provides easy access to major transportation routes and a thriving commercial area. This is a rare opportunity to acquire a well-maintained, fully occupied industrial property with significant upside potential. The property's size, location, and features make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment in a desirable market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 14,460 SF
    Lot 1.07 ac (46,609 SF)
    APN 0800-110.00-04.00-008.003
    UPID US63-0396564
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jl Omni LLC · 11 yrs held
    Jl Omni LLC
    since 2014
    2 recorded transactions
    2014
    $2.2M
    2012
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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