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    388 Medford Ave Patchogue, NY 11772

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    For Lease
    Contact for pricing

    Retail space with high traffic and residential backup.

    Property size:
    2,300 SF
    Lot size:
    0.64 Acres

    Property Features for 388 Medford Ave

    General Information

    Size
    2,300 SF
    Lot size
    0.64 Acres

    Source: Sabre Real Estate Group, LLC Agent Billy Diakakis

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

    Overview

    Retail Space on Route 112

    This retail space is located on Route 112, which experiences traffic of over 25,000 vehicles per day. The property benefits from a dense residential area nearby. It is also located in close proximity to both the Long Island Expressway (LIE) and Sunrise Highway. The property offers 2,300 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm The Edge At Lulu's Bar Lulu’s Lobster & Wing ... Restaurant

    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
    Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -73.009053
    Latitude
    40.782384

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    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic and residential backup.
    Where is this retail space located?
    The property is located at 388 Medford Ave Patchogue, NY.
    What are key features of this property?
    This property features: - High traffic volume of over 25,000 vehicles per day on Route 112.; - Located in a dense residential area.; - Close proximity to the Long Island Expressway (LIE).
    (516) 874-8070
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    388 Medford Ave Patchogue, NY 11772
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    Patchogue, NY 11772
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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
    388 Medford Ave Patchogue, NY 11772
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