2566 Middle Country RdCentereach, NY 11720

  • Office buildings
  • 0.50 AC
For Sale
$715,000 View listing

Property Details for 2566 Middle Country Rd

Lot size
0.50 AC
Property type
Office buildings
APN
0200-514.00-04.00-009.000
APU
200514000400009000

Description

This exceptional 1,378 square foot office building, situated on a desirable corner lot at 2566 Middle Country Road in Centereach, NY, presents a unique opportunity for professional businesses. Currently operating as a successful attorney's office, this property boasts a highly visible location with a traffic light at the driveway, ensuring easy and safe access. The beautifully landscaped half-acre lot provides a serene and professional atmosphere, enhanced by prominent signage that captures the attention of drivers along the busy Middle Country Road. The building itself offers ample space for various professional uses, complemented by a detached 20x30 garage, providing versatile storage or additional workspace. Extensive parking is available, accommodating both staff and clients, a significant advantage for businesses with high foot traffic. The corner location maximizes visibility and accessibility, making this property an ideal choice for businesses seeking a prominent and convenient location. This turnkey operation offers a blend of functionality and curb appeal, making it an attractive investment opportunity. The property is priced at $715,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,600,884
    6.5%
    $3,323,894
    7%
    $3,086,472
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,845,775
    Geo Method
    $2,845,775
  • Alternative Use

    Use
    Valuation
    Residential
    $4,121,628
    Hospitality
    $3,775,389
    Educational
    $3,141,079
    Medical
    $3,249,106
    Retail
    $4,886,124
2566 Middle Country Rd, Centereach, New York

Location Insight

City
Centereach
County
Suffolk
State
New York
Latitude
40.8579
Longitude
-73.1023
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
-
$1,580
$1,400
$2,980
-
$2,926
$2,593
$5,519

FAQs

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