172 Wicks RdCommack, NY 11725

  • Commercial land
  • 1.90 AC
For Sale
$1,600,000 View listing

Property Details for 172 Wicks Rd

Lot size
1.90 AC
Property type
Commercial land
APN
0400-225.00-04.00-042.001
APU
400225000400042001

Description

This exceptional 1.87-acre commercial land parcel presents a unique investment opportunity in the thriving Commack, New York market. Strategically situated across from a CVS shopping center, this property boasts a highly desirable location with excellent visibility and accessibility. The permitted zoning allows for the construction of a substantial 9,000 square foot professional office building, coupled with a 3,000 square foot residential dwelling, providing flexibility for a variety of development scenarios. The property's 1.87-acre size offers ample space for both projects, ensuring ample parking and potential for future expansion. Located at 172 Wicks Rd, Commack, NY 11725, in Suffolk County, this land offers a blend of commercial and residential potential, making it an attractive proposition for developers and investors seeking a prime location in a bustling area. The asking price for this exceptional property is $1,600,000. This presents a rare chance to acquire a significant land holding in a high-demand area with the potential for substantial returns. Don't miss this opportunity to secure a piece of Commack's vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $28,182,800
    Retail / Commercial
    $14,452,000
    Mixed-Use / Specialty
    $14,400,500
    Hospitality / Lodging
    $10,565,200
    Office
    $14,314,900
    Institutional / Educational
    $14,970,700
    Residential Income
    $17,515,700
    Multifamily
    $21,007,400
    Automotive / Energy
    $12,832,000
    Parking / Income-Based Land
    $4,428,170
    Restaurant / Food Service
    $7,489,790
    Healthcare / Senior Housing
    $14,767,400

Location Insight

City
Commack
County
Suffolk
State
New York
Latitude
40.8335
Longitude
-73.2949
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$2,625
-
$2,625
-
$4,773
-
$4,773

FAQs

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