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    Old Town Rd Coram, NY 11727

    Sponsored
    For Sale
    $449,000

    1.1-acre wooded lot, J4 zoning, $449,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 47,916 square foot commercial land parcel presents a unique investment opportunity in Coram, New York. Located on Old Town Road in Suffolk County, this 1.1-acre property is fully wooded and offers significant potential for development. The property is zoned J4 within the Township of Brookhaven, providing a range of permitted uses (specific details can be found via the provided zoning code link: [link removed as per instructions]). The asking price for this prime commercial land is $449,000. Its convenient location and substantial size make it an ideal site for various commercial ventures. The property's wooded character offers a tranquil setting while maintaining its accessibility and proximity to local amenities and transportation routes. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. The property's address is Old Town Rd, Coram, NY 11727. This is a rare opportunity to acquire a sizable commercial lot in a desirable location.

    Property Features for 0 Old Town Rd

    General Information

    Property type
    Land

    HighLights

    • $449,000 asking price.
    • 1.1‑acre commercial land parcel.
    • 47,916 square foot lot size.
    • J4 zoning.
    • Located in Coram, NY, Suffolk County, zip code 11727.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coram
    County
    Suffolk
    State
    New York
    Longitude
    -73.01252843011
    Latitude
    40.872475676595

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    FAQs

    What type of property is this?
    Land - 1.1-acre wooded lot, J4 zoning, $449,000.
    Where is this land located?
    The property is located at Old Town Rd Coram, NY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: $449,000 asking price.; 1.1-acre commercial land parcel.; 47,916 square foot lot size.
    Request Owner's contact information
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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
    Old Town Rd Coram, NY 11727
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