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    2066 Route 112 Medford, NY 11763

    Sponsored
    For Sale
    $5,700,000

    Vacant 38,000 SF Distribution Facility

    Property size:
    38,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 38,000-square-foot industrial distribution center is available for purchase at $5,700,000. Located at 2066 Rte 112 in Medford, New York (zip code 11763), this vacant property offers significant potential for a variety of uses. The building features an 18-foot ceiling height, providing ample vertical space for storage and operations. A single platform loading dock facilitates efficient loading and unloading of goods. The property is zoned J2, offering flexibility for various industrial applications. A key advantage is the building's divisibility, featuring three separate meters, allowing for potential subdivision to accommodate multiple tenants or customized space requirements. The existing configuration can be modified to increase parking space if needed. This prime location in Suffolk County provides excellent visibility and accessibility, making it an ideal investment opportunity for businesses seeking a strategic distribution hub in the Medford area. The property's size and features make it suitable for a range of distribution and logistics operations. Serious inquiries are encouraged.

    Property Features for 2066 Route 112

    General Information

    Property type
    Distribution properties
    Square Feet
    38,000 SF

    HighLights

    • $5,700,000 asking price for this vacant industrial distribution property.
    • 38,000 square foot building in Medford, NY.
    • J2 zoning.
    • Features one loading dock and 18' ceiling height.
    • Divisible space with three separate meters.
    • Excellent street visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Suffolk
    State
    New York
    Longitude
    -73.002989
    Latitude
    40.809936

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      Commercial real estate
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    FAQs

    What type of property is this?
    Distribution property - Vacant 38,000 SF Distribution Facility
    Where is this distribution property located?
    The property is located at 2066 Route 112 Medford, NY.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: $5,700,000 asking price for this vacant industrial distribution property.; 38,000 square foot building in Medford, NY.; J2 zoning.
    Request Owner's contact information
    2066 Route 112 Medford, NY 11763
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    Medford, NY 11763
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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
    2066 Route 112 Medford, NY 11763
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