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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

240 Route 112 Patchogue, NY 11772

0.34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.34-acre gas station property, located at 240 Route 112 in East Patchogue, New York, presents a compelling investment opportunity. Situated on heavily trafficked Medford Avenue (Route 112), this retail property boasts an impressive daily traffic volume exceeding 25,000 vehicles. The strategic location benefits from a dedicated traffic light, ensuring excellent visibility and convenient access for customers. The property's classification includes both retail and land components, offering flexibility for potential development or expansion. The strong local demographics further enhance the property's appeal, indicating a robust and stable market for this type of business. The property's zoning and permitted uses should be independently verified. This is an ideal acquisition for investors seeking a high-traffic, established retail location in a thriving Suffolk County community. The zip code is 11772. The property's coordinates are latitude 40.7756286 and longitude -73.0081215. Further due diligence is recommended to fully assess the property's potential. This offering is for sale.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.34 ac (14,810 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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