This exceptional retail space, located at 270 Sunrise Highway in Rockville Centre, New York, presents a fantastic opportunity for a discerning business. The property boasts a total of 2,028 square feet of vacant, single-tenant space, ideal for a variety of retail uses. Situated in Nassau County, with a convenient zip code of 11570, this location offers excellent visibility and accessibility. The property features an impressive 240 parking spaces, ensuring ample parking for customers and employees. The building is classified as a commercial retail property, providing a versatile space adaptable to many business needs. This is a single-tenant occupancy, offering exclusive use of the entire 2,028 square foot space. The property's prime location in Rockville Centre, New York, offers easy access to major transportation routes and a thriving local community. This presents a unique opportunity to establish a successful business in a high-traffic area with significant potential for growth. The ample parking ensures customer convenience, a key factor for attracting and retaining clientele. The entire space is currently available for lease, making it an attractive proposition for businesses seeking immediate occupancy. Interested parties are encouraged to inquire further to explore this exceptional retail opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$203,663
6.5%
$187,997
7%
$174,568
Comparable approach
Method
Valuation
Relative Method
$275,923
Geo Method
$275,923
Alternative Use
Use
Valuation
Residential
$158,582
Hospitality
$145,261
Educational
$120,855
Medical
$125,012
Retail
$187,997
Location Insight
City
Rockville Centre
County
Nassau
State
New York
Latitude
40.6571
Longitude
-73.6446
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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