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    1420 Lincoln Ave Holbrook, NY 11741

    Sponsored
    For Sale
    $10,900,000

    9.74-acre industrial development site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.74-acre industrial development site, located at 1420 Lincoln Ave, Holbrook, NY 11741 (APN: Sec: 151; Block: 1; Lot: 7), presents a compelling investment opportunity. Zoned L-1 Industrial, this property offers significant potential for a variety of uses, including manufacturing, warehousing, distribution, office space, research and development, and more. The site boasts two existing buildings, each approximately 60,000 square feet, featuring 30-foot ceiling heights, approximately 10 dock-high doors, and one overhead door per building. The property enjoys excellent visibility and accessibility, with convenient access to major highways such as Veterans Memorial Highway and Sunrise Highway, as well as proximity to Long Island MacArthur Airport and the Ronkonkoma LIRR station. A site plan has already been approved by the Town of Islip. A potential tax abatement may be available through the Town of Islip/Suffolk County IDA for qualified buyers or tenants. The asking price is $10,900,000. This is a rare opportunity to acquire a substantial industrial property in a prime location. Lease terms are negotiable. The property is available immediately.

    Property Features for 1420 Lincoln Ave

    General Information

    Property type
    Land
    Lot Size
    424,274 SF

    HighLights

    • $10,900,000 asking price.
    • 9.74‑acre industrial land parcel for sale or lease.
    • Currently available.
    • 120,000 square feet of potential building space.
    • Located at 1420 Lakeland Avenue, Holbrook, NY 11741.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Holbrook
    County
    Suffolk
    State
    New York
    Longitude
    -73.08475114
    Latitude
    40.78832859

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    FAQs

    What type of property is this?
    Land - 9.74-acre industrial development site
    Where is this land located?
    The property is located at 1420 Lincoln Ave Holbrook, NY.
    What is the asking price?
    The asking price for this property is $10,900,000.
    What are key features of this property?
    This property features: $10,900,000 asking price.; 9.74-acre industrial land parcel for sale or lease.; Currently available.
    Request Owner's contact information
    1420 Lincoln Ave Holbrook, NY 11741
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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
    1420 Lincoln Ave Holbrook, NY 11741
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