193 Old Country RdHicksville, NY 11801

  • Investment properties
  • 1,458 SF

Property Details for 193 Old Country Rd

Year built
2019
Lot size
0.10 AC
Property size (Sq ft)
1,458 SF
Property type
Investment properties
Property subtype
Live-work space
APN
45-076-00-0137
APU
45076000137

Description

This exceptional 1,400 square foot commercial space, located at 193 W Old Country Rd in Hicksville, NY 11801, presents a unique opportunity for businesses seeking a versatile location. Classified as both retail and office space, this single-tenant property is ideal for a variety of uses. Situated within a larger 4,550 square foot building, the space offers ample room for growth and expansion. The property's location in Nassau County provides access to a thriving suburban community with a high average household income and a growing population base, ensuring a strong potential customer base. The address is conveniently situated on West Old Country Road, offering excellent visibility and accessibility. This prime location makes it an attractive option for businesses looking to establish a strong presence in a dynamic market. The property type is listed as retail and office, allowing for flexibility in its use. This presents a rare opportunity to secure a well-positioned commercial space in a desirable area of Long Island. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $241,051
    6.5%
    $222,509
    7%
    $206,615
  • Comparable approach

    Method
    Valuation
    Relative Method
    $190,502
    Geo Method
    $190,502
  • Alternative Use

    Use
    Valuation
    Residential
    $275,911
    Hospitality
    $252,733
    Educational
    $210,271
    Medical
    $217,502
    Retail
    $327,088

Location Insight

City
Hicksville
County
Nassau
State
New York
Latitude
40.7618
Longitude
-73.527
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
2023
$28,484
$1,224
$3,203
$4,427
-
-
-
$442,700

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