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    Main Rd Riverhead, NY 11901

    Sponsored
    For Sale
    $775,000

    Prime Riverhead location, ideal for various businesses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property in Riverhead, NY, presents a unique investment opportunity. Located at the high-traffic intersection of Routes 25 and 58, this property boasts a combined area of just under one acre, comprised of two tax lots (SCTM IDs: 0600-084.00-05.00-013.000 and 0600-085.00-01.00-003.002). The lots are partially cleared and zoned CRC, making them suitable for a wide range of commercial uses, including banks, restaurants, and offices. The property is being offered for sale at $775,000. There is no current lease in place, providing flexibility for the new owner to develop the site according to their specific business needs. The high visibility and convenient location at this major intersection ensure significant exposure to a large volume of daily traffic. This presents a rare chance to establish a thriving business in a prime Riverhead commercial area. The property's size and zoning make it an attractive option for various commercial ventures, capitalizing on the high traffic count and strategic location. Serious inquiries are encouraged.

    Property Features for Main Rd

    General Information

    Property type
    Other commercial real estate
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Riverhead
    County
    Suffolk County
    State
    New York
    Longitude
    -72.6479
    Latitude
    40.93744

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Riverhead location, ideal for various businesses.
    Where is this commercial real estate located?
    The property is located at Main Rd Riverhead, NY.
    What is the asking price?
    The asking price for this property is $775,000.
    (631) 722-5000
    Request Owner's contact information
    Main Rd Riverhead, NY 11901
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    Riverhead, NY 11901
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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
    Main Rd Riverhead, NY 11901
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