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    Commercial Blvd And Middle Is Rd Medford, NY 11763

    Sponsored
    For Sale
    $2,250,000

    2.5-Acre Industrial Lot, $2.25M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.5-acre commercial and industrial land parcel presents a unique investment opportunity in Medford, New York. Located at the intersection of Commercial Boulevard and Middle Island Road, this property boasts a highly desirable L1 Industrial zoning designation, allowing for significant development potential. Situated conveniently just off Route 112, this site offers excellent accessibility and visibility. The lot's zoning permits the construction of approximately 18,500 square feet of industrial space, representing a substantial buildable area. With a 17% coverage allowance, developers have considerable flexibility in designing their project. The property is situated within the Town of Brookhaven, benefiting from its established infrastructure and business-friendly environment. This prime location offers easy access to major transportation routes, making it an ideal site for a variety of industrial uses. The asking price for this exceptional land parcel is $2,250,000. This represents a compelling opportunity to acquire a strategically located and highly developable industrial site in a thriving Long Island market. The property's size and zoning make it suitable for a range of industrial projects, offering significant return on investment potential. Don't miss this chance to secure this exceptional piece of land.

    Property Features for 0 Commercial Blvd And Middle Is Rd

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • Class L1 Industrial zoning.
    • Brookhaven, NY location.
    • Excellent access to Route 112.
    • 17% site coverage.
    • ±18,500 square foot industrial building potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Medford
    County
    Medford
    State
    New York
    Longitude
    -72.9912909
    Latitude
    40.8385333

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    FAQs

    What type of property is this?
    Land - 2.5-Acre Industrial Lot, $2.25M
    Where is this land located?
    The property is located at Commercial Blvd And Middle Is Rd Medford, NY.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Class L1 Industrial zoning.; Brookhaven, NY location.; Excellent access to Route 112.
    Request Owner's contact information
    Commercial Blvd And Middle Is Rd 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
    Commercial Blvd And Middle Is Rd Medford, NY 11763
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