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    521 Route 111 Hauppauge, NY 11788

    Sponsored
    For Sale
    Contact for pricing

    30,000 SF Office Complex, 4 Units

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30,000-square-foot office building, situated at 521 Route 111 in Hauppauge, New York, presents a unique investment opportunity. Constructed in 1990 and renovated in 2016, this Class C property features four units ideally suited for executive, medical, or professional office use. The building is fully ADA compliant and boasts ample parking with 109 spaces. Its prime location on heavily trafficked Route 111, with over 22,000 vehicles passing daily, ensures high visibility and accessibility. The property is zoned for office and medical use, benefiting from its proximity to numerous national and local retailers. The building includes a convenient elevator servicing multiple floors. This single-building complex offers a compelling opportunity for owner-occupancy or investment, with the potential for significant returns. The property is offered for sale by owner and is located in Suffolk County, NY, zip code 11788. Its convenient location also offers easy access to Route 347. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving commercial area.

    Property Features for 521 Route 111

    General Information

    Property type
    Medical offices
    Square Feet
    30,000 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1990/2016
    Buildings
    1
    Units
    4

    HighLights

    • 30,000 SF office building, ideal for medical or professional use.
    • ADA compliant building with elevator.
    • Ample parking: 109 spaces.
    • Convenient location near Route 347.
    • High visibility on Route 111.
    Property Profile Location Intelligence

    Current Use by Public Records

    Newsworthy Publishing Publisher

    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
    Hauppauge
    County
    Suffolk
    State
    New York
    Longitude
    -73.1983395
    Latitude
    40.8275845

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    FAQs

    What type of property is this?
    Medical office - 30,000 SF Office Complex, 4 Units
    Where is this medical office located?
    The property is located at 521 Route 111 Hauppauge, NY.
    What are key features of this property?
    This property features: 30,000 SF office building, ideal for medical or professional use.; ADA compliant building with elevator.; Ample parking: 109 spaces.
    Request Owner's contact information
    521 Route 111 Hauppauge, NY 11788
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    Hauppauge, 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
    521 Route 111 Hauppauge, NY 11788
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