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    Property profile & analytics

    2343 Middle Country Rd Centereach, NY 11720-3660

    • Showrooms
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,815,000
    Last Sale
    Jul 11, 2022
    $1,850,000
    Location Intelligence
    Property ID
    US63-1076157
    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

    • Utopia / Smoke Shop

    Property Details for 2343 Middle Country Rd

    Lot size
    1.00 lot acres
    Property type
    Showrooms
    APN
    0200-515.00-01.00-003.000
    APU
    200515000100003000

    Description

    This exceptional value-add retail property, located at 2343 Middle Country Road in Centereach, New York, presents a compelling investment opportunity. The 8,459-square-foot building sits on a one-acre lot (43,560 sq ft) and offers ample on-site parking for 42 vehicles. Currently vacant, this property is ready for immediate occupancy by an owner-user or a savvy investor seeking to lease to a variety of tenants. Built in 2005 and renovated in 2015, the single-story building is zoned J2, permitting a wide range of uses including restaurants, bars, offices, retail stores, and more. Its prime location along Route 25 places it within a thriving retail corridor, boasting an average daily traffic count exceeding 40,274 vehicles and a median household income of $124,111 within a one-mile radius. The asking price is $2,200,000. This property offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers. The property's features include a single unit, and the Suffolk County APN is 0200-515-00-01-00-003-000. The zip code is 11720.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,790,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,945,000
      6.5%
      $1,735,000
      7%
      $1,680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,825,000
      Geo Method
      $1,865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,910,000
      Retail
      $1,700,000
      Mixed-Use
      $2,060,000
      Hospitality
      $2,130,000
      Educational
      $1,820,000
      Residential Income
      $1,810,000
      Energy
      $1,680,000
      Income-Based Land
      $2,160,000
      Food Service
      $1,915,000

    Location Insight

    • Map
    • Local Demand
    City
    Centereach
    County
    Suffolk
    State
    New York
    Longitude
    -73.0944
    Latitude
    40.8586
    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
    $500
    $7,000
    $7,500
    -
    $926
    $12,963
    $13,889

    Comparable in this City

    • Value Estimation by Request
      2.10 Acres

      21 Hammond Rd

      SHOW ROOM, WAREHOUSE • 2.10 Acres
      21 Hammond Rd, Centereach, NY 11720-2879
      View Details
    • Value Estimation by Request
      0.38 Acres

      1800 Middle Country Rd

      SHOW ROOM, WAREHOUSE • 0.38 Acres
      1800 Middle Country Rd, Centereach, NY 11720-3581
      View Details
    • Value Estimation
      $600,000
      0.55 Acres

      1782 Middle Country Rd

      SHOW ROOM, WAREHOUSE • 0.55 Acres
      1782 Middle Country Rd, Centereach, NY 11720-3537
      View Details
    • Value Estimation by Request
      1.50 Acres

      Horseblock Rd

      SHOW ROOM, WAREHOUSE • 1.50 Acres
      Horseblock Rd, Centereach, NY 11720
      View Details
    • Value Estimation by Request
      0.43 Acres

      2661 Middle Country Rd

      SHOW ROOM, WAREHOUSE • 0.43 Acres
      2661 Middle Country Rd, Centereach, NY 11720-3662
      View Details
    • Value Estimation
      $165,000
      0.39 Acres

      1790 Middle Country Rd

      SHOW ROOM, WAREHOUSE • 0.39 Acres
      1790 Middle Country Rd, Centereach, NY 11720-3537
      View Details

    Similar Nearby for Sale

    • $1,999,000
      4,200 SF

      Freestanding Retail Building For Sale

      Highly visible, renovated retail building with flexible zoning and ample parking.
      2845 Middle Country Rd, Centereach, NY 11720
      View Details
    • $2,500,000
      5,600 SF

      Centereach Retail Redevelopment Opportunity

      Free-standing retail site with redevelopment potential and ample parking.
      14 Dawn Dr, Centereach, NY 11720
      View Details
    • $520,000

      Established Meat and Grocery Store

      Turnkey meat and grocery store in high-traffic Centereach location.
      1951 Middle Country Rd, Centereach, NY 11720
      View Details
    • $1,500,000
      3,500 SF

      Centereach Retail Building For Sale

      Free-standing retail building with stable income and redevelopment potential.
      1442 Middle Country Rd, Centereach, NY 11720
      View Details
    • $10,440,000
      58,000 SF

      Centereach Retail Property For Sale

      58,000 SF retail property in Centereach, NY.
      2100 Middle Country Rd, Centereach, NY 11720
      View Details
    • $2,500,000
      5,600 SF

      Centereach Retail Investment Opportunity

      High-traffic retail space, redevelopment potential.
      2101 Middle Country Rd, Centereach, NY 11720
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr

      Retail Space in Centereach, NY

      2,000 sqft retail space available for lease.
      1787 Middle Country Rd, Centereach, NY 11720
      View Details
    • $22 SF/Yr
      1,600 SF

      Centereach Retail Space Available

      Retail space available for lease in Centereach, New York.
      115 Mark Tree Rd, Centereach, NY 11720
      View Details
    • Contact for pricing
      3,231 SF

      Retail and Restaurant Space Available

      Retail and restaurant spaces for rent in Lake Grove.
      Middle Country Rd, Lake Grove, NY 11720
      View Details
    • Contact for pricing
      2,400 SF

      Centereach Retail Space Available

      Retail space for lease with high traffic volume.
      141-157 Centereach Mall, Centereach, NY 11720
      View Details
    • Contact for pricing
      8,000 SF

      Retail Endcap with High Ceilings

      Retail endcap with conversion potential in Centereach, NY.
      1929 Middle Country Rd, Centereach, NY 11720
      View Details
    • Contact for pricing
      997 SF

      Centereach Retail Space For Rent

      Retail space available in Centereach Mall with high traffic.
      247-253 Centereach Mall, Centereach, NY 11720
      View Details
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    Centereach, NY 11720-3660
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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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