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    Property profile & analytics

    1550 Old Country Rd Riverhead, NY 11901-2080

    • Grocery and convenience stores
    • 8,700 SF
    • 49.72 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 28, 2023
    $69,350,000
    Location Intelligence
    Property ID
    US63-2000116
    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

    • Compact Power Equipment Rental / Equipment Rental Agency
    • Primo Water Exchange / Bottled Water Supplier
    • Garden Center at The Home Depot / Garden Center / Fence Supply Store
    • Home Services at The Home Depot / Contractor / Electrician
    • Tool & Truck Rental / Equipment Rental Agency / Tool Rental Service

    Property Details for 1550 Old Country Rd

    Year built
    2006
    Lot size
    49.72 lot acres
    Property size
    8,700 SF
    Zone code
    04 - FARM
    Property type
    Grocery and convenience stores
    APN
    0600-101.00-02.00-011.001
    APU
    600101000200011001

    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
    -72.6952
    Latitude
    40.9274
    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
    $558,400
    $6,559,900
    $7,118,300
    -
    $6,010,764
    $70,612,487
    $76,623,251

    Comparable in this City

    • Value Estimation by Request
      66,340 SF

      1615 Old Country Rd

      GROCERY, SUPERMARKET • 66,340 SF
      1615 Old Country Rd, Riverhead, NY 11901-4416
      View Details
    • Value Estimation by Request
      1,560 SF

      1491 Main St

      FINANCIAL BUILDING • 1,560 SF
      1491 Main St, Riverhead, NY 11901
      View Details
    • Value Estimation
      $330,000
      8,565 SF

      218 Marcy Ave

      SHOW ROOM, WAREHOUSE • 8,565 SF
      218 Marcy Ave, Riverhead, NY 11901-3030
      View Details
    • Value Estimation
      $620,000
      3,844 SF

      140 Main St

      FINANCIAL BUILDING • 3,844 SF
      140 Main St, Riverhead, NY 11901-2445
      View Details
    • Value Estimation
      $1,375,000
      855 SF

      61 Main Rd

      SHOW ROOM, WAREHOUSE • 855 SF
      61 Main Rd, Riverhead, NY 11901-1900
      View Details
    • Value Estimation by Request
      22,050 SF

      130 Main St

      SHOW ROOM, WAREHOUSE • 22,050 SF
      130 Main St, Riverhead, NY 11901-2445
      View Details

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    Similar Nearby for Lease

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      $3,250 /Mo

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      Retail space in Riverhead's central retail hub for lease.
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      View Details
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      Riverhead Office/Storefront For Rent

      676 sq ft office/storefront in downtown Riverhead, NY.
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      15,682 SF

      Downtown Riverhead Commercial Space Available

      Prime 800 sq ft commercial space in vibrant downtown Riverhead.
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      Retail Space Near High-Traffic Areas

      Retail space in a rapidly growing marketplace on eastern Long Island.
      565 Old Country Rd, Riverhead, NY 11901
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    • $2,750 /Mo

      Retail Space on Old Country

      Retail space on Old Country Road with high visibility.
      833 Old Country Rd, Riverhead, NY 11901
      View Details

    Property Visit Statistics

    • Visits by month
      90.7k
    • Visitors by month
      53.5k
    • Avg Time on site
      26 min
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    1550 Old Country Rd
    Riverhead, NY 11901-2080
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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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