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    Property profile & analytics

    3151 Rte 112 Medford, NY 11763-1407

    • Turn key restaurants
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Jan 04, 2021
    $420,000
    Location Intelligence
    Property ID
    US63-1057699
    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

    • Turn key restaurants

    Property Details for 3151 Rte 112

    Lot size
    0.46 lot acres
    Property type
    Turn key restaurants
    APN
    0200-606.00-02.00-022.000
    APU
    200606000200022000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $525,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $580,000
      Mixed-Use
      $470,000
      Hospitality
      $550,000
      Educational
      $600,000
      Residential Income
      $550,000
      Energy
      $485,000
      Income-Based Land
      $525,000
      Food Service
      $610,000

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Suffolk
    State
    New York
    Longitude
    -72.9958
    Latitude
    40.838
    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
    $200
    $1,900
    $2,100
    -
    $370
    $3,519
    $3,889

    Comparable in this City

    • Value Estimation by Request
      0.99 Acres

      2717 Rte 112

      RESTAURANT • 0.99 Acres
      2717 Rte 112, Medford, NY 11763-2560
      View Details
    • Value Estimation by Request
      0.48 Acres

      2330 Rte 112

      RESTAURANT • 0.48 Acres
      2330 Rte 112, Medford, NY 11763-3141
      View Details
    • Value Estimation by Request
      0.50 Acres

      2320 Rte 112

      RESTAURANT • 0.50 Acres
      2320 Rte 112, Medford, NY 11763-3141
      View Details
    • Value Estimation by Request
      0.52 Acres

      1715 Rte 112

      RESTAURANT • 0.52 Acres
      1715 Rte 112, Medford, NY 11763
      View Details
    • Value Estimation by Request
      0.62 Acres

      1710 Rte 112

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.62 Acres
      1710 Rte 112, Medford, NY 11763-3638
      View Details
    • Value Estimation by Request
      1.30 Acres

      1820 Rte 112

      DRIVE-THRU RESTAURANT, FAST FOOD • 1.30 Acres
      1820 Rte 112, Medford, NY 11763-3640
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Retail Space in Medford, NY

      Retail space available for lease in Medford, NY.
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    • Contact for pricing
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      High-Traffic Shopping Center Space

      Grocery-anchored retail space with national retailers and easy highway access.
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      1,692 SF

      Medford Retail Space For Rent

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    • $15,500 /Mo
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      Medford Flex/Industrial Space For Rent

      6,000 SF flex/industrial space available for lease.
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    • $17 SF/Yr
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      Professional Office Space Available

      Well-maintained office space in Brookhaven professional center.
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    • $17 SF/Yr
      1,841 SF

      Professional Office Space Available

      Office spaces ranging from 880 to 9,970 square feet.
      3251 Route 112, Medford, NY 11763
      View Details

    Property Visit Statistics

    • Visits by month
      1.3k
    • Visitors by month
      1.0k
    • Avg Time on site
      29 min
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    Medford, NY 11763-1407
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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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