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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Investment properties
1130 Middle Rd Riverhead, NY 11901-5212
Individually Owned
1-yr Hold
Property ID
US63-1950078
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
2,496 SF
Lot
1.88 ac (81,893 SF)
Zoning code
04 - FARM
APN
0600-081.00-01.00-030.004
UPID
US63-1950078
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
Current use
Occupant on record · Public records
-
Hines Catering Llc Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$680k
Owner & transaction history
Leroy T Hines Ret · 1 yrs held
Leroy T Hines Ret
since 2024
6 recorded transactions
Zoning & alternative use
04 - FARM · Riverhead, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$915,000
+39.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Riverhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverhead submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$655,000
Current use
AUTO REPAIR, GARAGE
$915,000
Change: +40% · Conversion: Difficult
WAREHOUSE, STORAGE
$535,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$272 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$76,950
Assessed 2023
Previous assessed
$76,950
+0.0% YoY
Assessed land
$18,500
Assessed improvement
$58,450
Land market value
$199,139
Improvement market value
$629,171
Total market value
$828,310
Applied tax rate
473,002.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
HOT WATER
Stories
2
Rooms
9
Bathrooms
2
Total area
2,496 SF
Lot
1.88 ac (81,893 SF)
Zoning code
04 - FARM
APN
0600-081.00-01.00-030.004
UPID
US63-1950078
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
04 - FARM · Riverhead, NY
Zoning 04 - FARM · permitted uses
04 - FARM · Riverhead, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverhead. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$915,000
WAREHOUSE, STORAGE
Est. value
$535,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Heating
HOT WATER
Stories
2
Rooms
9
Bathrooms
2
Lot
1.88 ac
Current owner
From public records · entity-resolved
Leroy T Hines Ret
Individual
Mailing address
1130 MIDDLE RD, RIVERHEAD, NY 11901-5212
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Leroy T Hines Ret
Leroy T Hines
Deed
—
Jul 3, 2017
—
Leroy T Hines
—
Deed
related
$347,329 · Wells Fargo Bk
—
—
Leroy Hines
—
Deed Of Trust
related
$122,000 · Indymac Bank Fsb
—
—
Leroy T Hines
—
Deed Of Trust
related
$5,998 · Indymac Bank Fsb
—
—
Leroy T Hines
—
Loan Modification
related
$347,329 · Wells Fargo Bk
—
—
Leroy T Hines
—
Deed Of Trust
related
$200,000 · Indymac Bank Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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