Realmo Analytics
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Property summary
This exceptional 40,953 square foot executive office building, located at 1 Michael Ave in Farmingdale, NY, presents a unique investment opportunity. Situated on a 1.5-acre lot in Suffolk County, this single-story Class B building offers unparalleled flexibility with multiple suites available, ranging from a minimum of 2,669 square feet to a maximum contiguous space of 22,949 square feet. The entire 40,953 square feet is currently vacant, providing a blank canvas for a discerning tenant or… investor. Built in 1976, the property features 90 parking spaces, ensuring ample convenience for employees and clients. Its strategic location at the corner of Route 110 and Michael Avenue provides high visibility and easy accessibility, placing it within a thriving commercial district. The property is zoned for Light Industrial District use, offering versatility for a range of businesses. This prime location offers easy access to a variety of amenities and services, making it an ideal location for a corporate headquarters or a collection of smaller businesses. The property's size and layout offer significant potential for customization and adaptation to meet specific business needs. This is a rare opportunity to acquire a substantial, well-located commercial property in a highly desirable area of Long Island. The zip code is 11735.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 1.5 ac
- APN
- 0100-069.00-03.00-005.022
- Zoning
- G
- Assessed value · 2023
- $32,990
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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