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    Property profile & analytics

    587 Middle Rd Bayport, NY 11705-1932

    • Investment properties
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $660,000
    Last Sale
    Oct 08, 2020
    $550,000
    Location Intelligence
    Property ID
    US63-0594514
    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

    • American Ballet Studio / Dance School
    • Vamp Hair Studio / Hair Salon

    Property Details for 587 Middle Rd

    Lot size
    0.69 lot acres
    Zone code
    BD
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0500-385.00-03.00-006.001
    APU
    500385000300006001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $510,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $670,000
      Mixed-Use
      $680,000
      Hospitality
      $640,000
      Educational
      $585,000
      Residential Income
      $645,000
      Energy
      $655,000
      Income-Based Land
      $685,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Bayport
    County
    Suffolk
    State
    New York
    Longitude
    -73.0505
    Latitude
    40.7386
    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
    $79,800
    $10,200
    $90,000
    -
    $1,096,154
    $140,110
    $1,236,264

    Comparable in this City

    • Value Estimation by Request
      1.01 Acres

      860 Montauk Hwy

      STORE/OFFICE (MIXED USE) • 1.01 Acres
      860 Montauk Hwy, Bayport, NY 11705
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    • Value Estimation by Request
      2.00 Acres

      870 Sylvan Ave

      STORE/OFFICE (MIXED USE) • 2.00 Acres
      870 Sylvan Ave, Bayport, NY 11705-1014
      View Details
    • Value Estimation by Request
      1.27 Acres

      620 Montauk Hwy

      STORE/OFFICE (MIXED USE) • 1.27 Acres
      620 Montauk Hwy, Bayport, NY 11705-1605
      View Details
    • Value Estimation
      $935,000
      1.48 Acres

      102 Middle Rd

      STORE/OFFICE (MIXED USE) • 1.48 Acres
      102 Middle Rd, Bayport, NY 11705
      View Details
    • Value Estimation
      $1,185,000
      0.42 Acres

      753 Montauk Hwy

      STORE/OFFICE (MIXED USE) • 0.42 Acres
      753 Montauk Hwy, Bayport, NY 11705-1609
      View Details
    • Value Estimation
      $225,000
      0.95 Acres

      771 Montauk Hwy

      STORE/OFFICE (MIXED USE) • 0.95 Acres
      771 Montauk Hwy, Bayport, NY 11705-1600
      View Details

    Similar Nearby for Sale

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      0.72 Acres

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      Income-producing mixed-use property in Bayport's Downtown Business District.
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    • Contact for pricing

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      Unimproved land parcel with potential for industrial development.
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    • $799,000
      6,000 SF

      Retail Property on Montauk Highway

      Retail property with approximately 6,000 square feet on 0.5 acres.
      600 Montauk Hwy, Bay Port, NY 11705
      View Details
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    587 Middle Rd
    Bayport, NY 11705-1932
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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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