Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1150 Portion Rd Holtsville, NY 11742
    Back to Search
    Property profile & analytics

    1150 Portion Rd Holtsville, NY 11742

    View on Map
    • Office Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Behrbom William J DDS / Dental Office
    • Lipari Chiropractic and Family Wellness / Alternative Medicine Practice
    • Advisory associates / Corporate Office
    • Catholic Home Care / Home Health Care Service
    • Horizon Orthodontics / Dental Office

    Property Details for 1150 Portion Rd

    Property type
    Office Spaces

    Description

    This exceptional office suite, identified as Suite LL9, presents a fantastic opportunity for businesses seeking a well-established presence in Holtsville, New York. Located at 1150 Portion Road, zip code 11742, this traditional office space boasts a generous 1,480 square feet. The property is classified as a Class B building within a two-story structure, offering a comfortable and functional workspace. The suite is currently available for lease and is ideal for a variety of businesses. Its "Multiple Tenancy" designation suggests a vibrant and collaborative environment. The precise layout and internal features are not detailed here, but the ample square footage provides significant flexibility for customization to meet specific business needs. Holtsville's strategic location in Suffolk County offers easy access to major transportation routes, making commuting and client accessibility convenient. This property represents a compelling opportunity to secure a well-situated and sizable office space in a thriving New York community. Interested parties are encouraged to inquire for further details and scheduling a viewing. The property is situated at latitude 40.8347864 and longitude -73.0596035.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Holtsville
    County
    Suffolk
    State
    New York
    Longitude
    -73.0596
    Latitude
    40.8348

    Comparable in this City

    • Value Estimation by Request
      21.27 Acres

      1 Zebra Plz

      OFFICE BUILDING • 21.27 Acres
      1 Zebra Plz, Holtsville, NY 11742-1300
      View Details
    • Value Estimation by Request
      1.24 Acres

      1176 Portion Rd

      OFFICE BUILDING • 1.24 Acres
      1176 Portion Rd, Holtsville, NY 11742-1023
      View Details
    • Value Estimation by Request
      42.37 Acres

      Washington Ave

      OFFICE BUILDING • 42.37 Acres
      Washington Ave, Holtsville, NY 11742
      View Details
    • Value Estimation by Request
      26.76 Acres

      30 Barretts Ave

      OFFICE BUILDING • 26.76 Acres
      30 Barretts Ave, Holtsville, NY 11742-2102
      View Details
    • Value Estimation by Request
      0.38 Acres

      182 Long Is Ave

      OFFICE BUILDING • 0.38 Acres
      182 Long Is Ave, Holtsville, NY 11742-1815
      View Details
    • Value Estimation by Request
      0.46 Acres

      224 Long Is Ave

      OFFICE BUILDING • 0.46 Acres
      224 Long Is Ave, Holtsville, NY 11742-1815
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Holtsville Office Leasing Opportunity

      Modern office space with flexible floor plans and ample parking.
      5000 Corporate Ct, Holtsville, NY 11742
      View Details
    • $25 SF/Yr
      130,680 SF

      Holtsville Office Building For Rent

      Elevated office building with easy highway access and ample parking.
      755 Waverly Ave, Holtsville, NY 11742
      View Details
    • Contact for pricing
      2,390 SF

      Holtsville Medical/Office Space Available

      Renovated medical/office suites available for immediate occupancy in Holtsville.
      1150 Portion Rd, Holtsville, NY 11742
      View Details
    • Contact for pricing

      Land For Rent

      Land available for rent with frontage on Long Island Avenue.
      County Rd 97, Farmingville, NY 11742
      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.
    1150 Portion Rd
    Holtsville, NY 11742
    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
    1150 Portion Rd, Holtsville, NY, 11742
    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!