2200 Smithtown Ave Ronkonkoma, NY 11779
- Manufacturing properties
- 2.26 lot acres
Current Use by Public Records
- Outdoor Displays, Scoreboards, Message Signs, Digital Billboards - My Choice LED / Advertising Service
- iTL / Corporate Office
- L2P Research Labs / Biotechnology Company
- Allsoftgo / Computer Service
- xyZfish / Consultant
Property Details for 2200 Smithtown Ave
- Lot size
- 2.26 lot acres
- Zone code
- IND1
- Property type
- Manufacturing properties
- APN
- 0500-106.02-01.00-002.002
- APU
- 500106020100002002
Description
This exceptional 21,500-square-foot free-standing industrial building presents a unique investment opportunity in Ronkonkoma, NY. Situated on a 2.3-acre lot at 2200 Smithtown Ave, zip code 11779, this single-tenant property offers versatile space ideal for flex, manufacturing, or R&D uses. Built in 1981, the building features a single story with a substantial 17' 6" ceiling height, providing ample room for various operations. The property includes one loading dock for efficient material handling. The asking price is $5,900,000, translating to $274.42 per square foot. The building boasts significant power capacity with 1600 AMPS available. Its location in Suffolk County, New York, offers convenient access to major transportation routes, making it an attractive option for businesses seeking a strategic location. This property is a rare find, combining substantial space, robust power, and a desirable location in a thriving market. The substantial lot size offers potential for future expansion or development. This is an excellent opportunity to acquire a well-maintained, functional industrial building with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,655,000
- 6.5%
- $3,335,000
- 7%
- $3,195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,160,000
- Geo Method
- $3,565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,415,000
- Retail
- $2,865,000
- Mixed-Use
- $3,740,000
- Hospitality
- $3,010,000
- Educational
- $3,395,000
- Residential Income
- $3,920,000
- Energy
- $3,610,000
- Income-Based Land
- $3,660,000
- Food Service
- $3,185,000
Location Insight
- Map
- Local Demand
- City
- Ronkonkoma
- County
- Suffolk
- State
- New York
- Longitude
- -73.1115
- Latitude
- 40.8007
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
