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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

186 Terry Rd Smithtown, NY 11787

1,000 SF 1.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Smithtown, NY retail property at 186 Terry Road presents a unique investment or owner-user opportunity. The 5,000 square foot building sits on a 1.06-acre lot and features three retail storefronts, ideal for a variety of commercial uses. With 30 parking spaces, ample customer convenience is ensured. The property is zoned for retail use and currently offers a flexible layout suitable for commercial kitchens, food production, or manufacturing facilities. The asking price is $1,599,000, translating to $319.80 per square foot. The building is a single-story Class C structure, offering significant potential for expansion. Available air rights of 4,500 square feet provide an opportunity to increase the building's footprint. This multi-tenant property is for sale by owner and located in Suffolk County, NY, zip code 11787. The property's prime location and versatile zoning make it an attractive investment for both seasoned investors and owner-operators seeking a strong foothold in the thriving Smithtown market. Don't miss this chance to acquire a well-positioned retail center with significant upside potential.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,000 SF
Lot 1.06 ac (46,174 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Panico's Community Market Food Market Farmer's Market
  • chubs meats Food Market Farmer's Market
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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