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Property profile & analytics
OFF-MARKET Estimated value $940,000
Office buildings

811 Old Country Rd Plainview, NY 11803-4905

1,294 SF 0.14 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US63-0288586
Property summary
AI-generated overview

This exceptional commercial property, located at 811 Old Country Road in Plainview, New York, presents a unique investment opportunity. The building boasts a prime location and offers a versatile layout ideal for a variety of uses. The main floor and basement provide ample space for office operations, potentially accommodating multiple businesses or departments. The significant advantage of this property is the inclusion of a separate apartment located on the top floor, accessible via a private entrance. This apartment offers additional income potential or could serve as comfortable office space for executives or visiting clients. The property sits on a 0.14-acre lot, providing convenient private parking for tenants and visitors. The asking price for this well-situated, multi-functional building is $1,250,000. The square footage is not currently available, but interested parties are encouraged to schedule a viewing to assess the space's suitability for their specific needs. This property is an excellent choice for those seeking a blend of office space and residential accommodation or a strong income-generating investment in a highly desirable location. The combination of prime location, ample parking, and the added benefit of the separate apartment makes this a truly exceptional offering. Don't miss this chance to acquire a valuable asset in the thriving Plainview market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction FRAME
Total area 1,294 SF
Lot 0.14 ac (6,240 SF)
APN 46-565-00-0047
UPID US63-0288586
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
Current use
Occupant on record · Public records
  • Medford Realty Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k
Owner & transaction history
811 Mre LLC · 6 yrs held
811 Mre LLC
since 2019
4 recorded transactions
2019
$850,000
1990
$120,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.1M +12.2%
Commercial (general) $1.1M +4.7%
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