Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Land in Port Jefferson Title is generated by Realmo AI

    527/529 Route 112, Port Jefferson Station, NY 11776

    View on Map
    Claim this Listing
    For Sale
    $3,250,000

    LAND - Port Jefferson Station, NY

    Lot size:
    4.10 Acres
    Added:
    Aug 29, 2023
    Days on Market:
    988
    Last Refresh:
    May 12 at 10:06 am

    Property Features for 527/529 Route 112

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Com
    Fencing
    Fenced
    Standard status
    Active
    APN
    0200-161-00-01-00-043-003
    Lot size
    4.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7294

    Utilities

    Utilities
    Water Available
    Water source
    Public

    We can help!

    Listing Contact
    Lynn J. Sabatelle
    Lynn J. Sabatelle

    Listing agent Lynn J. Sabatelle

    Listing office Daniel Gale Sothebys Intl Rlty 1067 Route 25a, Stony Brook, NY

    Listing date Aug 29, 2023

    MLS# L3500892 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in Upper Port Jefferson, experiencing a major Renaissance.
    • Opportunity for multiple possibilities with proper approvals.
    • Double curb cut and designated traffic light and arrow.
    • Level lot with border landscape.
    • Fenced property.
    • Water Available (Public Water Source).

    Overview

    This 4.1-acre commercial land parcel is located in Port Jefferson Station, NY. The property is level and features border landscaping. It benefits from a double curb cut and a designated traffic light with an arrow. The location offers multiple possibilities with proper approvals. The area, specifically the Route 112 Corridor south of Route 347, is undergoing revitalization.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Jefferson Station
    County
    Suffolk
    State
    New York
    Longitude
    -73.050636
    Latitude
    40.928867

    Nearby Similar for Sale

    • $750,000

      Port Jefferson Station Dental Office

      Move-in-ready dental office with expansion potential in prime location.
      488 Terryville Road, Port Jefferson Station, NY 11776
      View Details
    • $249,999

      Shovel-Ready Building Lot Opportunity

      Ready-to-build lot with approved plans in Port Jefferson Station.
      Canal Road, Port Jefferson Station, NY 11776
      View Details
    • $299,999

      Shovel-Ready Land in Port Jefferson

      Large lot with approved plans for a 2,800 sqft Colonial.
      65A Superior Street, Port Jefferson Station, NY 11776
      View Details
    • $2,495,000
      7,176 SF

      Port Jefferson Station Industrial Building

      6,980 SF industrial building with conversion potential.
      507 North Bicycle Path, Port Jefferson Station, NY 11776
      View Details
    • $1,050,000
      2,975 SF

      Restaurant Site on Route 112

      1.06 acre site with 2,975 SF restaurant.
      513 Route 112, Port Jefferson Station, NY 11776
      View Details
    • $175,000

      Buildable Lots in Port Jefferson

      Two combined lots totaling 0.23 acres in Port Jefferson.
      Sheep Pasture Road lot: 9&10, Port Jefferson Station, NY 11776
      View Details
    • $2,281,840
      5,000 SF

      Net-Leased Medical Office Asset

      Single-tenant medical office with predictable cash flow and rent growth.
      492 Old Town Rd, Port Jefferson Station, NY 11776
      View Details
    • $2,500,000
      6,980 SF

      Industrial Building Conversion Potential

      6,980 SF industrial building with conversion potential in Port Jefferson.
      591 Bicycle Path, Port Jefferson Station, NY
      View Details
    • $799,000
      13,504 SF

      Updated Mixed-Use Property For Sale

      Versatile, updated mixed-use property with flexible layout and strong visibility.
      4515 Nesconset Highway, Port Jefferson Station, NY 11776
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.1 acre commercial land in revitalizing Port Jefferson Station.
    Where is this commercial land located?
    The property is located at 527/529 Route 112 Port Jefferson Station, NY.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: Prime location in Upper Port Jefferson, experiencing a major Renaissance.; Opportunity for multiple possibilities with proper approvals.; Double curb cut and designated traffic light and arrow.
    (631) 689-6980
    We can help!
    Listing Contact
    Lynn J. Sabatelle
    Lynn J. Sabatelle
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    527/529 Route 112, Port Jefferson Station, NY 11776
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!