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    2009 Old Country Rd Riverhead, NY 11901

    Sponsored
    For Sale
    $3,500,000

    Land - Riverhead, NY

    Lot size:
    4.15 Acres
    Days on Market:
    172
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2009 Old Country Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    600-118-3-7
    Exterior features
    Corner Lot, Level
    Lot size
    4.15 Acres

    Building Details

    Architectural style
    Other

    East End Commercial Real Estate (516) 810-0900 [email protected]

    Listing agent Laurence Oxman (516) 810-0900 License #10311201902

    Listing date Jul 18, 2025

    MLS# 890299 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Between Tanger Outlets

    This 4.15-acre commercial property is situated between Tanger Outlet I and Tanger Outlet II in Riverhead. The property is located within a Qualified Opportunity Zone, offering potential IRS tax incentives. New zoning permits full-service restaurants, general retail, recreational facilities, and other uses. A roadway connecting the two sides of the Tanger Outlets is an easement across this property, ensuring that all vehicular and pedestrian traffic traveling between the outlets crosses directly in front of any future development. The Tanger Outlet Mall in Riverhead attracts millions of shoppers annually. The Riverhead Tanger Outlets are located at the end of the Long Island Expressway (I-495). The property offers a presence in the middle of the Tanger Outlets, which include over 60 stores in Tanger I and over 70 stores in Tanger II. Site plan approval exists for a 31,000 square foot building. This location offers visibility, and is ideal for a family-friendly themed restaurant entertainment center, sports bar, retail clearance center, or discount outlets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.7140866
    Latitude
    40.9209655

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    FAQs

    What type of property is this?
    Commercial land - 4.15 acres in an Opportunity Zone near Tanger Outlets.
    Where is this commercial land located?
    The property is located at 2009 Old Country Rd Riverhead, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime location between Tanger Outlet I and Tanger Outlet II, capturing all traffic.; - Located in a Qualified Opportunity Zone, offering significant IRS tax incentives.; - New zoning permits a wide range of uses including full-service restaurants, general retail, and recreational facilities.
    (516) 810-0900
    Request Owner's contact information
    2009 Old Country Rd Riverhead, NY 11901
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    Riverhead, NY 11901
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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
    2009 Old Country Rd Riverhead, NY 11901
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