Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    305 Orinoco Drive Bayshore, NY 11706

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,800,000

    Over one acre of industrial land with three large buildings.

    Type:Commercial/Industrial
    Lot size:
    1.10 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    21
    Last Refresh:
    Mar 25 at 9:34 pm

    Property Features for 305 Orinoco Drive

    General Information

    Standard status
    Active
    Lot size
    1.10 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Justin S. Galbraith

    Listing agent Justin S. Galbraith License #10401218665

    Listing office Eric G Ramsay Jr Assoc LLC

    Listing date Mar 12, 2026

    Source Exitrealty

    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 Eric G Ramsay Jr Assoc LLC

    Overview

    Bayshore/Brightwaters Industrial Land Opportunity

    This is an industrial property located in Bayshore/Brightwaters, zoned Industrial 1. The property spans over one acre and includes three large buildings. It is fully fenced and well-kept. Potential uses include mini storage, recycling/transfer station, supply house/wholesale establishment, manufacturing, agriculture or nursery, including retail sale of products.
    Location Intelligence

    Current Use by Public Records

    Roland P. Mennella ... Landscaping

    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
    Bayshore
    County
    Suffolk
    State
    New York
    Longitude
    -73.2731
    Latitude
    40.7181

    Nearby Similar for Sale

    • $750,000

      Professional Office Space on Main

      Professional office space in Bay Shore's growing business corridor.
      180 E Main Street, Bay Shore, NY 11706
      View Details
    • $1,999,999

      Bay Shore Commercial Brick Building

      Well-maintained 8,000 SF building on 1.49-acre corner lot.
      1420 Union Boulevard, Bay Shore, NY 11706
      View Details
    • $795,000

      Renovated Commercial Building with Parking

      2,600 SF renovated building with parking and development potential.
      20 Ackerson Street, Bay Shore, NY 11706
      View Details
    • $649,900
      1,750 SF

      Bay Shore Office Building

      Office building in Bay Shore, NY, 1750 square feet.
      245 Bay Shore Road, Bay Shore, NY 11706
      View Details
    • $99,000

      Commercial Land in Bay Shore

      Commercial land with great exposure on a corner lot.
      Saxon Avenue, Bay Shore, NY 11706
      View Details
    • $1,700,000

      Bay Shore Waterfront Land

      Waterfront land with new bulkheading in Bay Shore, NY.
      Overlea Court lot: 5, Bay Shore, NY 11706
      View Details
    • $1,900,000

      Bay Shore Waterfront Land

      Waterfront land with new bulkheading in Bay Shore, NY.
      Overlea Court lot: 6, Bay Shore, NY
      View Details
    • $2,200,000

      Bay Shore Land For Sale

      Bayfront lot with boat basin and new bulkheading.
      Overlea lot: 4 And Lot 11, Bay Shore, NY 11706
      View Details
    • $2,110,000
      1,380 SF

      Exxon Gas Station Investment Opportunity

      Single-tenant Exxon gas station with NNN lease in Bay Shore.
      172 Howells Rd, Bay Shore, NY 11706
      View Details
    • Contact for pricing
      2,671 SF

      Commercial Building on Union Boulevard

      2,671 SF commercial building on 0.39 acres in Bay Shore.
      2304 Union Blvd, Bay Shore, NY 11706
      View Details
    • $3,000,000
      10,000 SF

      Bay Shore Industrial/Manufacturing Building

      10,000 SF industrial/manufacturing building on 0.65-acre lot for sale.
      9 Pine Aire Dr, Bay Shore, NY 11706
      View Details
    • $349,900

      Commercial Property in Bay Shore

      Commercial property in a bustling and growing Bay Shore community.
      182 W Main St, Bay Shore, NY, 11706-8318
      View Details

    FAQs

    What type of property is this?
    Industrial land - Over one acre of industrial land with three large buildings.
    Where is this industrial land located?
    The property is located at 305 Orinoco Drive Bayshore, NY.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Zoned Industrial 1, allowing for a wide range of uses including Mini Storage, Recycling, and Manufacturing.; Over one acre of land in Bayshore/Brightwaters.; Includes 3 large buildings.
    (631) 665-1500
    We can help!
    Listing Contact
    Justin S. Galbraith
    Real Estate License ID: 10401218665
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!