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    Property profile & analytics

    642 Main St Riverhead, NY 11901

    • Automotive properties
    • 10,719 SF
    • 1.50 lot acres
    For Lease
    View listing
    $32 SF/Yr
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US63-3959518
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Riverhead Chrysler Dodge Jeep Ram / Car Dealer / Used Car Dealer

    Property Details for 642 Main St

    Year built
    1929
    Lot size
    1.50 lot acres
    Property size
    10,719 SF
    Zone code
    10
    Property type
    Automotive properties
    APN
    0600-124.00-03.00-018.000
    APU
    600124000300018000

    Description

    This exceptional commercial property, located at 642 W Main St, Riverhead, NY 11901, presents a prime investment opportunity. The property encompasses a substantial 16,263 square feet of space, currently vacant and ready for immediate occupancy. The building, constructed in 1990, features two structures across two stories, offering versatile layout options. The 1.5-acre lot boasts impressive 226 feet of frontage, providing excellent visibility and accessibility. Ample parking is available with 80 spaces, complemented by 14 convenient drive-in bays. The property's zoning is classified as 431, within Suffolk County. Its strategic location just off Route 25 offers easy access to a variety of restaurants and retail establishments, enhancing its commercial appeal. The property's previous use as a dually operating automobile dealership and repair shop highlights its suitability for similar businesses or adaptable industrial/flex operations. The substantial square footage, combined with the ample parking and convenient location, makes this a highly attractive proposition for a wide range of commercial ventures. The property is a single-tenant space, offering complete control and flexibility to the new owner. This is a rare opportunity to acquire a well-situated, sizable commercial property in a thriving area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.6739
    Latitude
    40.9184
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $64,700
    $65,300
    $130,000
    -
    $696,448
    $702,906
    $1,399,354

    Comparable in this City

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      1423 Old Country Rd

      VEHICLE SALES, RENTALS • 11,262 SF
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      View Details

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    642 Main St
    Riverhead, NY 11901
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    Realmo Value Estimation

    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.

    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.

    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
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