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    Property profile & analytics

    1562-1564 Main Rd Riverhead, NY 11901

    • Investment properties
    • 1,760 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 11, 2022
    Location Intelligence
    Property ID
    US63-1755003
    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

    • Investment properties

    Property Details for 1562-1564 Main Rd

    Year built
    1949
    Lot size
    1.50 lot acres
    Property size
    1,760 SF
    Zone code
    04 - FARM
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0600-068.00-02.00-004.000
    APU
    600068000200004000

    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
    -72.5827
    Latitude
    40.9505
    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
    $26,000
    $24,900
    $50,900
    -
    $279,871
    $268,030
    $547,901

    Comparable in this City

    • Value Estimation by Request
      9,576 SF

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    • Value Estimation by Request
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      718 Hubbard Ave

      STORE/OFFICE (MIXED USE) • 3,265 SF
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      135 Industrial Blvd

      STORE/OFFICE (MIXED USE) • 4,515 SF
      135 Industrial Blvd, Riverhead, NY 11901-4820
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    • Value Estimation by Request
      9,100 SF

      188 Kroemer Ave

      STORE/OFFICE (MIXED USE) • 9,100 SF
      188 Kroemer Ave, Riverhead, NY 11901-3141
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    • Value Estimation by Request
      1,596 SF

      1556 Main Rd

      STORE/OFFICE (MIXED USE) • 1,596 SF
      1556 Main Rd, Riverhead, NY 11901
      View Details
    • Value Estimation by Request
      2,595 SF

      1612 Main Rd

      STORE/OFFICE (MIXED USE) • 2,595 SF
      1612 Main Rd, Riverhead, NY 11901
      View Details

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    Similar Nearby for Lease

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      Downtown Riverhead Commercial Space Available

      Prime 800 sq ft commercial space in vibrant downtown Riverhead.
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    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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