88 Woodbury Rd Hicksville, NY 11801-3005
- Gas stations
- 1,305 SF
- 0.27 lot acres
Current Use by Public Records
- Schiavone Electric Inc / Electrician
Property Details for 88 Woodbury Rd
- Year built
- 1952
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.27 lot acres
- Property size
- 1,305 SF
- Property type
- Gas stations
- APN
- 12-179-00-0126
- APU
- 12179000126
Description
This exceptional commercial property, located at 88 Woodbury Road in Hicksville, New York, presents a lucrative investment opportunity. Priced at $1,599,000, this retail space offers significant potential for a variety of businesses. The property's ideal location on a high-traffic road ensures excellent visibility and accessibility for customers. Ample on-site parking is available, providing convenient access for patrons. The versatile space is suitable for a range of retail uses, including but not limited to a convenience store, clothing boutique, smoke shop, or even a gas station, subject to obtaining the necessary permits. The property is available for purchase, or alternatively, can be leased for a monthly rental fee of $6,000. This presents a flexible option for prospective business owners seeking either ownership or a lease arrangement. Given its prime location and versatile nature, this property represents a compelling investment opportunity with strong potential for return. Don't miss out on this chance to establish your business in a thriving commercial area. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,015,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,110,000
- 6.5%
- $1,100,000
- 7%
- $1,070,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,075,000
- Geo Method
- $1,090,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $930,000
- Retail
- $995,000
- Mixed-Use
- $1,205,000
- Hospitality
- $880,000
- Educational
- $1,015,000
- Residential Income
- $1,145,000
- Energy
- $950,000
- Income-Based Land
- $980,000
- Food Service
- $1,175,000
Location Insight
- Map
- Local Demand
- City
- Hicksville
- County
- Nassau
- State
- New York
- Longitude
- -73.5194
- Latitude
- 40.7712
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
