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Subdividable Commercial Land For Sale
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845 Raynor Ave, Riverhead, NY 11901

8 acres of subdividable commercial land in Riverhead, NY.

Property Size10,000 SF
Lot Size8.00 Acres
Price / SF$795
Days on Market170

Property Features for 845 Raynor Ave

General Information

Standard status Active
Size 10,000 SF
Lot size 8.00 Acres
Property subtype Land
Zoning Commercial
Listing Agency: East End Commercial R E
Listed By: Laurence Oxman · License #NYS 10311201902
Source: Crexi
Added: Mar 2 Changed: Aug 8 Last Checked: Aug 18 at 7:29PM

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 East End Commercial R E

Investment Insights

Based on property information with market context.

This property features 8 acres of subdividable commercial land situated along the Route 58 Corridor in Riverhead, the commercial center of Eastern Long Island. The site includes a 10,000 sq.ft. standalone NNN tenant, providing income that covers property taxes, CAM, and insurance. The land is subdividable into a minimum lot size of 2 acres, allowing for up to 4 lots, with a permitted coverage of 25%. There is room to construct 87,000 sq.ft. The property benefits from city water and sewer services. Located in a Qualified Opportunity Zone, it may offer significant tax advantages, including deferral, increased basis, and the potential elimination of future capital gains upon resale. Permitted uses include self-storage, warehouse facilities, outdoor storage, contractor's space, medical and professional offices, medical labs, veterinary services and kennels, miniature golf courses, indoor/outdoor go-cart raceways, gyms and physical fitness centers, auto service and repair shops, marine service and repair facilities, wholesale businesses, and general manufacturing.

Key Highlights

  • 1.8 Acres of Subdividable Commercial Land in the Route 58 Corridor, Riverhead.
  • Income‑generating 10,000 sq.ft. NNN tenant covers property taxes, CAM, and insurance.
  • Located in a Qualified Opportunity Zone offering potential tax benefits.

Property Analytics

Current Use

Maximum K9 Riverhead Animal Training Hydrant Hotel Kennel & Boarding Facility

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm Computer & Electronic Repair HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby

Demographics for 11901, NY

30,936
Population
13,126
Households
2.4
Avg Household Size
42
Median Age
21%
College-Educated
79%
High-School Grad
56.7 sq mi
ZIP Area
546
Density / Sq Mi
$83,252
Median Household Income
$39,949
Median Earnings
$2,195
Median Rent
$437,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 8 acres of subdividable commercial land in Riverhead, NY.
Where is this commercial land located?
The property is located at 845 Raynor Ave Riverhead, NY.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 1.8 Acres of Subdividable Commercial Land in the Route 58 Corridor, Riverhead.; Income‑generating 10,000 sq.ft. NNN tenant covers property taxes, CAM, and insurance.; Located in a Qualified Opportunity Zone offering potential tax benefits.
(516) 810-0900 Call to check price and availability
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