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Conoco 475 Walt Whitman Rd 1,369 SF Retail Building Melville, NY 11747 $4,674,475 CAD ($3,414.52 CAD/SF) 10.86% Cap Rate
INVESTMENT HIGHLIGHTS
- Great visibility from Walt Whitman Rd
EXECUTIVE SUMMARY
Gas station with property located on a very busy prime location on Rt 110. Prices include the Property + Business. There is a 3 bays repair shop and a convenience store with Gas Station. ( Repair shop is paying monthly rent of $4850.00 It can be converted into a big convenience store if new Buyer wants to convert).
The price evaluation of this property is due to the inclusion of the business.
The price evaluation of this property is due to the inclusion of the business.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,369 SF
Building Class
C
Year Built
1990
Price
$4,674,475 CAD
Price Per SF
$3,414.52 CAD
Cap Rate
10.86%
NOI
$507,566 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.25 AC
Zoning
C8 - C8 - Commercial/manufacturing. Heavy commercial services that often require large amounts of land.
Parking
8 Spaces (5.84 Spaces per 1,000 SF Leased)
Frontage
29’ on Walt Whitman
AMENITIES
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0400-233-00-04-00-008-000 | Improvements Assessment | $4,842 CAD |
| Land Assessment | $6,225 CAD | Total Assessment | $11,067 CAD |
PROPERTY TAXES
Parcel Number
0400-233-00-04-00-008-000
Land Assessment
$6,225 CAD
Improvements Assessment
$4,842 CAD
Total Assessment
$11,067 CAD
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Conoco | 475 Walt Whitman Rd
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