Property profile

505 Rte 111 Smithtown, NY 11788

OFF-MARKET
Drive through restaurants
Property ID
US63-4322918
2.1 ac lot
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Lot 2.1 ac (91,476 SF)
APN 0800-156.00-02.00-005.001
UPID US63-4322918

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

505 Rte 111 Smithtown, NY 11788-4350
Smithtown metro Census 135306 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.85M

Owner & transaction history

since 2020
Last sale
$3.2M
1 recorded transaction
2020
$3.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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