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    Property profile & analytics

    1501 Old Country Rd Riverhead, NY 11901-4433

    • Turn key restaurants
    • 2,800 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US63-4145151
    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

    • Chipotle Mexican Grill / Caterer / Fast Food Restaurant
    • I&QwaterDamage / Corporate Office / Fire Damage Restoration Service

    Property Details for 1501 Old Country Rd

    Year built
    2011
    Lot size
    0.80 lot acres
    Property size
    2,800 SF
    Zone code
    4
    Property type
    Turn key restaurants
    APN
    0600-101.00-02.00-014.000
    APU
    600101000200014000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $435,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $490,000
      Mixed-Use
      $490,000
      Hospitality
      $485,000
      Educational
      $560,000
      Residential Income
      $520,000
      Energy
      $510,000
      Income-Based Land
      $460,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.6921
    Latitude
    40.9258
    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
    $25,000
    $165,900
    $190,900
    -
    $269,107
    $1,785,791
    $2,054,898

    Comparable in this City

    • Value Estimation by Request
      1,080 SF

      1020 Main St

      RESTAURANT • 1,080 SF
      1020 Main St, Riverhead, NY 11901-2526
      View Details
    • Value Estimation by Request
      4,290 SF

      871 Old Country Rd

      RESTAURANT • 4,290 SF
      871 Old Country Rd, Riverhead, NY 11901-2106
      View Details
    • Value Estimation
      $415,000
      4,717 SF

      370 Mnr Ln

      RESTAURANT • 4,717 SF
      370 Mnr Ln, Riverhead, NY 11901-5638
      View Details
    • Value Estimation
      $2,485,000
      4,378 SF

      300 Main St

      RESTAURANT • 4,378 SF
      300 Main St, Riverhead, NY 11901-2426
      View Details
    • Value Estimation
      $320,000
      1,674 SF

      226 Riverleigh Ave

      RESTAURANT • 1,674 SF
      226 Riverleigh Ave, Riverhead, NY 11901-3602
      View Details
    • Value Estimation by Request
      960 SF

      272 Main Rd

      RESTAURANT • 960 SF
      272 Main Rd, Riverhead, NY 11901-1905
      View Details

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    Similar Nearby for Lease

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      3951 Lake Ave, Riverhead, NY 11901
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    • $6,000 /Mo
      2,960 SF

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      2,960 SF commercial building for lease in a mixed-use complex.
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      View Details
    • $2,500 /Mo

      Riverhead Office/Storefront For Rent

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      131 Roanoke Ave, Riverhead, NY 11901
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    • Contact for pricing
      6,200 SF

      Retail Space in Riverhead Hub

      Retail space in Riverhead's central retail hub for lease.
      1088-1106 Old Country Rd, Riverhead, NY 11901
      View Details
    • $2,200 /Mo
      15,682 SF

      Downtown Riverhead Commercial Space Available

      Prime 800 sq ft commercial space in vibrant downtown Riverhead.
      331 E Main St, Riverhead, NY 11901
      View Details
    • Contact for pricing
      2,970 SF

      Riverhead Plaza Retail Space

      2,970 SF retail space in Riverhead Plaza available for lease.
      655 Old Country Rd, Riverhead, NY 11901
      View Details

    Property Visit Statistics

    • Visits by month
      23.2k
    • Visitors by month
      17.9k
    • Avg Time on site
      17 min
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    1501 Old Country Rd
    Riverhead, NY 11901-4433
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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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