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    448 Wheeler Rd Smithtown, NY 11788

    Sponsored
    For Sale
    $1,099,995

    High-traffic area, versatile commercial space.

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3,000 square foot commercial building is situated on a 0.66-acre lot at 448 Wheeler Road in Smithtown, NY. Its prime location within a high-traffic drive-in neighborhood offers unparalleled visibility and accessibility for a wide range of businesses. Currently zoned Business 3, the property presents a multitude of possibilities, including but not limited to fast-food franchises, office spaces, or other commercial ventures. Prospective buyers should verify permitted uses with the Town of Smithtown office to ensure compliance with local regulations. The building is equipped with a valid Certificate of Occupancy, signifying its readiness for immediate occupancy and operation. The expansive 0.66-acre lot provides ample space for parking, outdoor seating, or potential expansion. This property represents a rare opportunity to establish a thriving business in a highly desirable and convenient location. Its versatility, combined with its existing Certificate of Occupancy and prime location, makes it an attractive investment for discerning entrepreneurs seeking a strong foothold in the Smithtown market. The asking price is $1,099,995. Serious inquiries are encouraged.

    Property Features for 448 Wheeler Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,000 SF
    Lot Size
    28,750 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithtown
    County
    Suffolk County
    State
    New York
    Longitude
    -73.21844
    Latitude
    40.81186

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic area, versatile commercial space.
    Where is this commercial real estate located?
    The property is located at 448 Wheeler Rd Smithtown, NY.
    What is the asking price?
    The asking price for this property is $1,099,995.
    (516) 827-7600
    Request Owner's contact information
    448 Wheeler Rd Smithtown, NY 11788
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    Smithtown, NY 11788
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    Realmo Value Estimation

    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.

    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.

    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
    448 Wheeler Rd Smithtown, NY 11788
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