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    2200 Smithtown Ave Ronkonkoma, NY 11779

    Sponsored
    For Sale
    $5,900,000

    21,500 SF Flex Space, $5.9M

    Property size:
    21,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21,500-square-foot free-standing industrial building presents a unique investment opportunity in Ronkonkoma, NY. Situated on a 2.3-acre lot at 2200 Smithtown Ave, zip code 11779, this single-tenant property offers versatile space ideal for flex, manufacturing, or R&D uses. Built in 1981, the building features a single story with a substantial 17' 6" ceiling height, providing ample room for various operations. The property includes one loading dock for efficient material handling. The asking price is $5,900,000, translating to $274.42 per square foot. The building boasts significant power capacity with 1600 AMPS available. Its location in Suffolk County, New York, offers convenient access to major transportation routes, making it an attractive option for businesses seeking a strategic location. This property is a rare find, combining substantial space, robust power, and a desirable location in a thriving market. The substantial lot size offers potential for future expansion or development. This is an excellent opportunity to acquire a well-maintained, functional industrial building with significant upside potential.

    Property Features for 2200 Smithtown Ave

    General Information

    Property type
    Life science properties
    Square Feet
    21,500 SF
    Lot Size
    100,188 SF

    Building Details

    Year Built
    1981
    Stories
    1

    HighLights

    • $5,900,000 asking price for this 21,500 square foot industrial property.
    • Single‑tenant occupancy in a free‑standing building.
    • Located at 2200 Smithtown Ave, Ronkonkoma, NY 11779, on a 2.3‑acre lot in Suffolk County.
    • Features 17'6" ceilings and one loading dock.
    • Built in 1981, this one‑story building offers flex, manufacturing, and R&D space.
    • Price per square foot is $274.42.
    Property Profile Location Intelligence

    Current Use by Public Records

    Outdoor Displays, Scoreboards, ... Advertising Service iTL Corporate Office L2P Research Labs Biotechnology Company Allsoftgo Computer Service xyZfish Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ronkonkoma
    County
    Suffolk
    State
    New York
    Longitude
    -73.1112845
    Latitude
    40.8006748

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    FAQs

    What type of property is this?
    Life science property - 21,500 SF Flex Space, $5.9M
    Where is this life science property located?
    The property is located at 2200 Smithtown Ave Ronkonkoma, NY.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: $5,900,000 asking price for this 21,500 square foot industrial property.; Single-tenant occupancy in a free-standing building.; Located at 2200 Smithtown Ave, Ronkonkoma, NY 11779, on a 2.3-acre lot in Suffolk County.
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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
    2200 Smithtown Ave Ronkonkoma, NY 11779
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