Four Acre Commercial
3120 Route 112 Medford, NY 11763
3120 Route 112, Medford, NY, 11763
$6,500,000
For Sale
$6,500,000
Three adjacent properties totaling four acres for sale.
Property Size19,500 SF
Lot Size4.00 Acres
Price / SF$333.33
Days on Market101
Property Features for 3120 Route 112
General Information
- Standard status
- Active
- Size
- 19,500 SF
- Lot size
- 4.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1962
Listing Agency
vision homes real estate llc
(917) 957-9969
Listed by
Avnish Kumar · License #10491209469
(917) 957-9969
Source
Elliman
Added: Apr 9 Checked: Jul 17 at 6:24 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of vision homes real estate llc
Investment Insights
Based on property information with market context.
This offering includes three adjacent properties, combining for a total of 4 acres. The properties feature a 19,500-square-foot warehouse situated on a 1.65-acre lot. Additionally, there is a storefront with a small warehouse at the rear, and a two-family house located on the remaining 2.35-acre lot. Truck parking is available at the back of the property. The location has a bike score of 39, indicating it is somewhat bikeable, and a walk score of 35, suggesting car dependence.
Key Highlights
- Combined 4‑acre lot size with multiple buildings
- Includes a 19,500 sqft warehouse
- Features a storefront property
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $585.0k | $30.00 |
| − Vacancy | −$40.4k | −$2.07 |
| EGI | $544.6k | $27.93 |
| − OpEx | −$163.4k | −$8.38 |
| NOI | $381.2k | $19.55 |
19,500 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.45M
$4.77M – $6.35M
NOI $381,245 @ 7.0% cap · market cap 5.87%
Second Best
Multifamily LT 5
$5.38M
$4.71M – $6.28M
NOI $376,549 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$5.94M
$5.20M – $6.93M
NOI $415,842 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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Similar Off Market Nearby
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FAQs
What type of property is this?
Warehouse - Three adjacent properties totaling four acres for sale.
Where is this warehouse located?
The property is located at 3120 Route 112 Medford, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Combined 4‑acre lot size with multiple buildings; Includes a **19,500 sqft warehouse**; Features a storefront property
