Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8 Mnr Rd Smithtown, NY 11787-2715
    Back to Search
    Property profile & analytics

    8 Mnr Rd Smithtown, NY 11787-2715

    View on Map
    • Investment properties
    • 0.19 lot acres
    Off-Market
    Property ID
    US63-3280477
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grundfast & Morrison / Law Firm
    • Marrin William PHD / Physician / Medical Clinic
    • Marrin Carmen L / Foster Care Service / Social Service Agency
    • Egg Enterprize / Loan Service

    Property Details for 8 Mnr Rd

    Lot size
    0.19 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0800-077.00-05.00-013.000
    APU
    800077000500013000

    Description

    This exceptional 1,310 square foot office space is located at 8 Manor Road in Smithtown, New York, within Suffolk County. The property is classified as a Class B traditional office building offering a multiple tenancy arrangement. The space is currently vacant and ready for immediate occupancy. The address is conveniently situated in Smithtown, NY, zip code 11787, providing easy access to local amenities and transportation networks. This listing presents a fantastic opportunity for businesses seeking a well-located and functional office space in a thriving community. The building's traditional office design offers a classic and professional atmosphere, ideal for a variety of businesses. With 1,310 square feet of usable space, this property provides ample room for various office configurations to suit individual business needs. The property's location in Suffolk County, New York, offers access to a strong workforce and a vibrant business environment. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this desirable location. The space is ready for immediate occupancy, allowing for a quick and efficient transition for new tenants. This is a rare opportunity to secure a well-positioned office space in a sought-after area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Smithtown
    County
    Suffolk
    State
    New York
    Longitude
    -73.1934
    Latitude
    40.8563
    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
    $835
    $5,165
    $6,000
    -
    $960
    $5,937
    $6,897

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      83 Lndg Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      83 Lndg Ave, Smithtown, NY 11787-2760
      View Details
    • Value Estimation by Request
      0.16 Acres

      59 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.16 Acres
      59 Main St, Smithtown, NY 11787-2637
      View Details
    • Value Estimation by Request
      0.30 Acres

      77 Main St, Unit 87

      OFFICE/RESIDENTIAL (MIXED USE) • 0.30 Acres
      77 Main St, Smithtown, NY 11787-2603
      View Details
    • Value Estimation by Request
      1,796 SF

      23 Bellemeade Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,796 SF
      23 Bellemeade Ave, Smithtown, NY 11787-1801
      View Details
    • Value Estimation
      $950,000
      2,441 SF

      49 Lndg Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,441 SF
      49 Lndg Ave, Smithtown, NY 11787-2750
      View Details
    • Value Estimation
      $800,000
      0.70 Acres

      173 Terry Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.70 Acres
      173 Terry Rd, Smithtown, NY 11787-5109
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,200 SF

      Smithtown Retail and Office Building

      Renovated retail and office building near Smithtown LIRR station.
      35 W Main St, Smithtown, NY 11787
      View Details
    • $899,000
      Pending

      Commercial Property with Income Potential

      Two-structure commercial property with retail, office, and storage spaces.
      950 W Jericho Tpke, Smithtown, NY 11787
      View Details
    • $1,100,000
      1,750 SF

      Smithtown Industrial Building - Prime Location

      Renovated Industrial Space, High Traffic Area
      1221 Route 25A, Smithtown, NY 11787
      View Details
    • $68,000
      Pending

      Established Nail Salon in Smithtown

      Turnkey nail salon in high-income area with loyal clientele.
      347 Terry Rd, Smithtown, NY 11787
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,320 SF

      Smithtown Medical Center Office Space

      Medical office space available in Smithtown Medical Center.
      200 E Main St, Smithtown, NY 11787
      View Details
    • $4 SF/Yr

      Outdoor Storage Land For Rent

      10 acres of outdoor storage space available for rent.
      Old Northport Rd, Smithtown, NY 11787
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Single tenant office space available for rent, 3,300 SqFt.
      335 Terry Rd, Smithtown, NY 11787
      View Details
    • Contact for pricing
      1,000 SF

      Smithtown Office/Medical Space For Rent

      1,000 SF office/medical space in Smithtown, close to hospital.
      191 Terry Rd, Smithtown, NY 11787
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8 Mnr Rd
    Smithtown, NY 11787-2715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8 Mnr Rd, Smithtown, NY, 11787
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!