Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Frowein Rd East Moriches, NY 11940
    Back to Search
    Property profile & analytics

    Frowein Rd East Moriches, NY 11940

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

    Current Use by Public Records

    • Land

    Property Details for 0 Frowein Rd

    Lot size
    3.28 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 3.28-acre commercial and industrial land parcel is available for $3,150,000. Located on Frowein Road in East Moriches, New York, within Suffolk County's Brookhaven Township, this property offers significant development potential. Zoned L1 Industrial, it boasts a preliminary approved site plan for an 8,000 square foot warehouse with an additional 2.17 acres designated for outdoor storage. However, the zoning allows for a much larger building, with the possibility of constructing up to 40,000 square feet. The site features over 109 feet of high-visibility road frontage and a depth of nearly 650 feet, providing excellent exposure. Its strategic location offers convenient access to major transportation routes and is proximate to retail centers and other commercial businesses, making it ideal for various light industrial uses. This prime real estate presents a rare chance to acquire a substantial development site in a thriving commercial area. The property's zip code is 11940. This is a unique opportunity for investors seeking a high-return development project in a desirable location.

    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 Moriches
    County
    Suffolk
    State
    New York
    Longitude
    -72.7714
    Latitude
    40.8105

    Comparable in this City

    • Value Estimation by Request
      1.45 Acres

      30 Montauk Hwy

      Land • 1.45 Acres
      30 Montauk Hwy, East Moriches, NY 11940
      View Details
    • Value Estimation
      $2,600,000
      4.81 Acres

      62 Pne St

      MANUFACTURING (LIGHT) • 4.81 Acres
      62 Pne St, East Moriches, NY 11940-1117
      View Details
    • Value Estimation by Request
      10.20 Acres

      25 Frowein Rd

      WAREHOUSE, STORAGE • 10.20 Acres
      25 Frowein Rd, East Moriches, NY 11940
      View Details
    • Value Estimation by Request
      720 SF

      23 Frowein Rd

      MANUFACTURING (LIGHT) • 720 SF
      23 Frowein Rd, East Moriches, NY 11940
      View Details
    • Value Estimation by Request
      10.40 Acres

      15 Frowein Rd

      MANUFACTURING (LIGHT) • 10.40 Acres
      15 Frowein Rd, East Moriches, NY 11940
      View Details
    • Value Estimation by Request
      1.65 Acres

      12 Culver Ln

      BULK STORAGE, TANKS • 1.65 Acres
      12 Culver Ln, East Moriches, NY 11940
      View Details

    Similar Nearby for Sale

    • $100,000
      Pending

      Vacant Land East Moriches, NY

      0.25 acre vacant lot off Montauk Hwy in East Moriches.
      Locust Ave, East Moriches, NY 11940
      View Details
    • $995,000
      1.20 Acres

      Waterfront Land in East Moriches

      1.20-acre waterfront property to build your dream home.
      Dock Dow Rd, East Moriches, NY 11940
      View Details
    • $2,500,000

      3.28 Acre Development Opportunity

      3.28-acre development site in East Moriches, New York.
      Frowein Rd, East Moriches, NY 11940
      View Details
    • Contact for pricing

      Land Parcel with Permits Pending

      1.5-acre land parcel with permits pending for commercial development.
      30 Montauk Hwy, East Moriches, NY 11940
      View Details
    • $1,289,000
      1.45 Acres

      East Moriches Commercial Land Parcel

      1.45 acre commercial land with permits pending for wellness space.
      34-41 Montauk Hwy, East Moriches, NY 11940
      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.
    Frowein Rd
    East Moriches, NY 11940
    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
    Frowein Rd, East Moriches, NY, 11940
    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!