Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Montauk Hwy East Patchogue, NY 11772
    Property profile & analytics

    Montauk Hwy East Patchogue, NY 11772

    View on Map
    • Land
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Montauk Hwy

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional one-acre commercial land parcel presents a prime development opportunity in East Patchogue, NY. Strategically situated on the heavily trafficked Montauk Highway, this site boasts 101 feet of frontage, ensuring high visibility and accessibility for any prospective business. Its ideal location offers easy access to Patchogue Village, benefiting from strong traffic counts and favorable demographics. The property is zoned J2, providing flexibility for a range of development projects, including retail or office spaces. With a total land area of one acre, this site is perfect for developers seeking a high-impact location with significant potential for return on investment. The address is on Montauk Highway in Suffolk County, New York, zip code 11772. This is a single-tenant property, offering a unique opportunity to build a standalone structure or develop a smaller complex. The property's location within minutes of Patchogue Village ensures a thriving business environment with a strong customer base. The J2 zoning designation allows for a variety of commercial uses, making this a versatile and attractive investment opportunity. This prime location and zoning make this a highly sought-after development site.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -72.9709
    Latitude
    40.7693

    Comparable in this City

    • Value Estimation by Request

      165 Ocean Ave

      Land
      165 Ocean Ave, Patchogue, NY 11772
      View Details
    • Value Estimation by Request
      1.00 Acre

      Montauk Hwy

      Land • 1.00 Acre
      0 Montauk Hwy, East Patchogue, NY 11772
      View Details
    • Value Estimation by Request
      2.50 Acres

      Montauk Hwy

      Land • 2.50 Acres
      0 Montauk Hwy, East Patchogue, NY 11772
      View Details
    • Value Estimation by Request
      5,200 SF

      Mulford St

      Land • 5,200 SF
      0 Mulford St, Patchogue, NY 11772
      View Details
    • Value Estimation by Request
      1.27 Acres

      Middle Country Rd

      Land • 1.27 Acres
      0 Middle Country Rd, Centereach, NY 11772
      View Details
    • Value Estimation by Request

      433 Main St

      Land
      433 Main St, East Patchogue, NY 11772
      View Details

    Similar Nearby for Sale

    • $599,000

      Land on Montauk Highway

      Land with frontage on Montauk Highway and high traffic counts.
      Maure Ave, Patchogue, NY 11772
      View Details
    • $230,000
      Pending

      Patchogue Land For Sale

      Land available in Patchogue, behind #85 Barton Ave.
      Mount Vernon Ave, Patchogue, NY 11772
      View Details
    • $275,000
      0.24 Acres

      Vacant Land East Patchogue, NY

      Vacant lot for sale with Health Dept Permit.
      Walker Ave, East Patchogue, NY 11772
      View Details
    • Contact for pricing

      Land For Sale Patchogue

      Land available for sale in Patchogue, New York.
      Munsell Rd, Patchogue, NY 11772
      View Details
    • $150,000
      Pending

      Residential Land in Patchogue, NY

      Residential land available for new construction in Patchogue, NY.
      201 Phyllis Dr, Patchogue, NY 11772
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Pad Site Available

      Pad site available for rent in grocery anchored center.
      200 S Service Rd, Patchogue, NY 11772
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Patchogue, NY.
      472 Medford Ave, Patchogue, NY 11772
      View Details
    • Contact for pricing

      Commercial Land For Rent

      Commercial land available for rent with highway frontage.
      Walker Ave, Patchogue, NY 11772
      View Details
    • Contact for pricing
      5,042 SF

      Restaurant Space on Main Street

      Corner restaurant space available for rent on Main Street.
      1 Village Grn, Patchogue, NY 11772
      View Details
    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.
    Montauk Hwy
    East Patchogue, NY 11772
    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

    Thank You for Inquiry
    Montauk Hwy, East Patchogue, NY, 11772
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!