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    Munsell Rd Medford, NY 11980

    Sponsored
    For Sale
    $1,200,000

    Spacious Medford building, great yard, high power.

    Property size:
    1,230 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property in Medford, NY, presents a unique investment opportunity. The 1,230 square foot building, measuring 31 feet by 40 feet, features two 12' x 12' overhead doors, ideal for storage or distribution. The property boasts a substantial 500-amp electrical service, ensuring ample power for various business needs. Climate control is provided by existing heating and air conditioning systems. A recently installed well (less than three years old) provides reliable water supply. A pellet stove is included in the sale. The property also includes a sizable fenced yard, currently generating rental income from several sub-tenants (with 30-day notice for vacancy). Two semi-truck trailers with power are also included in the sale, adding significant value. The property offers considerable additional space that can be utilized by the new owner or leased for further income generation. Low property taxes contribute to the overall financial attractiveness of this investment. This versatile property is perfectly suited for a variety of commercial uses, offering a blend of storage, distribution, and potential rental income streams.

    Property Features for Munsell Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,230 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Medford
    County
    Suffolk County
    State
    New York
    Longitude
    -72.96233
    Latitude
    40.81679

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    FAQs

    What type of property is this?
    Mixed-use property - Spacious Medford building, great yard, high power.
    Where is this mixed-use property located?
    The property is located at Munsell Rd Medford, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (631) 929-8400
    Request Owner's contact information
    Munsell Rd Medford, NY 11980
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    Medford, NY 11980
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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
    Munsell Rd Medford, NY 11980
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