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    950 W Jericho Tpke Smithtown, NY 11787

    For Sale
    $899,000

    Two-structure commercial property with income potential in a high-traffic area.

    Lot size:
    0.62 Acres

    Property Features for 950 W Jericho Tpke

    General Information

    Lot size
    0.62 Acres

    Source: The Agency Northshore NY Agent Kieran Rodgers

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

    Overview

    Commercial Property with Income Potential

    This commercial property features two structures on a 0.62-acre lot in a high-traffic area. Zoned Commercial WSI, the property is suitable for retail, office, or storage uses. The front, single-story building includes a retail showroom, a full bath, and attic storage. It has been upgraded with a new roof, gas heating, and central air conditioning. The two-story structure behind it offers office and storage space on the first floor, with a three-room office, kitchen area, or rental space with a full bath upstairs. Both buildings have new roofs and are situated on a large, flat lot with room for expansion. The property is located near successful businesses and franchises, and the area continues to develop. The property is located within the Hauppauge Schools district. Approximately 25% of the property is office space. The property currently generates rental income and has a 0% vacancy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Long Island ‎‎‎‎‎‎‎‎‎‎‎‎‎‎ ‎‎‎‎‎‎‎C‎‎‎‎‎‎‎‎‎‎‎‎‎‎a‎‎‎‎‎‎‎r‎‎‎‎‎‎‎ ... Transportation Service Smithtown Armature Works ... Electric Motor Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithtown
    County
    Suffolk
    State
    New York
    Longitude
    -73.2468012
    Latitude
    40.8478212

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    FAQs

    What type of property is this?
    Storefront property - Two-structure commercial property with income potential in a high-traffic area.
    Where is this storefront property located?
    The property is located at 950 W Jericho Tpke Smithtown, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Prime commercial property in a high-traffic location. Excellent investment potential.; - Zoned Commercial WSI, suitable for retail, office, or storage uses.; - Two structures on a .62-acre lot, offering versatile space and income potential.
    (631) 416-0703
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    950 W Jericho Tpke Smithtown, NY 11787
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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
    950 W Jericho Tpke Smithtown, NY 11787
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