Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Available For Lease Title is generated by Realmo AI

    10 Holbrook Rd, Centereach, NY

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Commercial land available for lease with frontage on Holbrook Road.

    Type:OFFICE
    Property size:
    500 SF
    Lot size:
    3.52 Acres
    Added:
    Jun 11, 2025
    Days on Market:
    358
    Last Refresh:
    May 19 at 10:48 pm

    Property Features for 10 Holbrook Rd

    General Information

    Standard status
    Active
    Size
    500 SF
    Lot size
    3.52 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 10 Holbrook Rd Contact us

    We can help!

    Listing Contact
    Vincent Piazza

    Listing agent Vincent Piazza

    Listing office Piazza Properties

    Listing date Jun 11, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Piazza Properties

    HighLights

    • Ground lease available for redevelopment
    • 275’ of frontage on Holbrook Road
    • Two curb cuts
    • Redevelopment project potential
    • Ground lease price: $150,000/year
    • Property suitable for redevelopment

    Overview

    This commercial land is available for lease. Ground lease is also available for a redevelopment project for $150,000.00 per year. The property features 275 feet of frontage on Holbrook Road and includes two curb cuts. The property size is 500 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Learning Experience - Centereach Daycare Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Centereach
    County
    Suffolk
    State
    New York
    Longitude
    -73.0833
    Latitude
    40.8574

    Nearby Similar for Lease

    • $4,200/Mo
      2,500 SF

      Centereach Office Space For Rent

      Highly visible Centereach office space with flexible layout options.
      2450 Middle Country Road, Centereach, NY 11720
      View Details
    • $2,200/Mo

      Retail/Office Space For Rent

      Retail or office space available for rent.
      2570 Middle Country Rd, Centereach, NY 11720
      View Details
    • $4,200/Mo
      2,500 SF

      Centereach Office Space Available

      Furnished Centereach office space with private offices and conference room.
      2450 Middle Country Rd, Centereach, NY, 11720-3548
      View Details
    • $23 SF/Yr
      2,000 SF

      Retail Space with Open Layout

      2,000 sqft retail space with open floor plan available.
      1787 Middle Country Road, Centereach, NY 11720
      View Details
    • $22 SF/Yr
      1,600 SF

      Centereach Retail Space Available

      Retail space available for lease in Centereach, New York.
      115 Mark Tree Rd, Centereach, NY
      View Details
    • Contact for pricing
      18,500 SF

      Retail Space Near Centereach Mall

      Community strip center near Centereach Mall and Walmart.
      1930-1934 Middle Country Rd, Centereach, NY
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space on Middle Country

      Retail space with high traffic and multiple access points.
      257 Middle Country Rd, Centereach, NY
      View Details
    • Contact for pricing

      Centereach Commercial Space For Lease

      Commercial space available for lease in Centereach, New York.
      2101 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing

      Centereach Mall Retail Opportunity

      Retail space available for lease in Centereach Mall.
      Centereach Mall, Centereach, NY 11720
      View Details
    • Contact for pricing
      2,400 SF

      Centereach Retail Space Available

      Retail space for lease with high traffic volume.
      141-157 Centereach Mall, Centereach, NY
      View Details
    • Contact for pricing
      2,025 SF

      Centereach Retail Space Available

      Retail space for lease in Centereach Mall.
      15-17 Centereach Mall, Centereach, NY
      View Details
    • Contact for pricing
      1,400 SF

      Centereach Retail Space Available

      Retail space for lease in Centereach Mall.
      191-243 Centereach Mall, Centereach, NY
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available for lease with frontage on Holbrook Road.
    Where is this commercial land located?
    The property is located at 10 Holbrook Rd Centereach, NY.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: Ground lease available for redevelopment; 275’ of frontage on Holbrook Road; Two curb cuts
    (818) 842-7161 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Vincent Piazza
    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
    10 Holbrook Rd, Centereach, NY
    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!