Challenge:
American Investment Properties was retained to sell the commercial land located on Sunrise Highway in Bay Shore, NY. The property contained 1.62 acres of vacant land.
Our task was to find a buyer that saw potential in this unique property and location.
Action:
Our team quickly brought this commercial land to the market. We began increasing our marketing efforts and advertised this property through our email campaigns, social media accounts, and online listing advertisements. The visibility of this property on the market resulted in over 26,500 total views from potential buyers.
When we first brought this property to the market, we saw several Self-Storage companies interested in the land.
Our sales associate, Dan Amari, advised the seller on the best terms to accept based on their real estate goals. Through our various marketing efforts, we were able to attract the ideal buyer for this property. An obstacle with this sale was once we did secure a buyer, the due diligence period took longer than anticipated.
Result:
The buyer presented an all-cash offer of $475,000. Satisfied with this offer, the seller accepted the terms. American Investment Properties successfully represented both the seller and buyer on the sale.
View more of our sold properties here.
Thinking About Selling Your Commercial Property?
Our team can provide you with a complimentary property evaluation. This 30+ page report includes financial analysis, sales comps, demographics, a strategic marketing plan, and more on your property.
Request your confidential property evaluation today.
