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    460 Jericho Tpke Huntington Sta Dix Hills, NY 11746

    For Sale
    $5,500,000

    Prime Jericho Turnpike location, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2-acre commercial and residential land parcel presents a unique investment opportunity on East Jericho Turnpike in Huntington Station, NY. Zoned C6 & R10, this fee-simple property boasts 252 feet of frontage, offering significant visibility and accessibility. Currently, the site features short-term medical tenant leases with vacate clauses, providing immediate income potential while redevelopment plans are implemented. The owner is open to selling the entire parcel or subdividing and leasing portions to suit buyer or tenant needs. This location benefits from its proximity to Route 110 and the 1.1 million square foot Shoppes at Walt Whitman shopping mall, ensuring high traffic counts exceeding 34,000 cars daily. The property is situated within Huntington's Car Dealer Row, surrounded by a dense population of nearly 200,000 people within a 5-mile radius, with a median household income of approximately $115,000 annually. Potential uses are diverse and include automobile dealerships, self-storage facilities, medical offices, multi-tenant retail spaces, or mixed-use and recreational/sports facilities. The asking price is $5,500,000. This is the last remaining 2-acre site in this section of Jericho Turnpike, making it a truly exceptional opportunity. The address is 460 E Jericho Tpke, Huntington Station, NY 11746.

    Property Features for 460 Jericho Tpke Huntington Sta

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Last remaining 2‑acre parcel on this section of East Jericho Turnpike.
    • 1.9 miles east of Route 110 and The Shoppes at Walt Whitman (1.1M SF shopping mall).
    • Short‑term lease facilitates redevelopment.
    • 252 feet of frontage.
    • Suitable for auto dealerships, self‑storage, medical, multi‑tenant retail, mixed‑use, or recreation/sports uses.
    • Owner will consider land division and individual leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dix Hills
    County
    Suffolk
    State
    New York
    Longitude
    -73.393291035265
    Latitude
    40.831733300078

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    FAQs

    What type of property is this?
    Land - Prime Jericho Turnpike location, high traffic.
    Where is this land located?
    The property is located at 460 Jericho Tpke Huntington Sta Dix Hills, NY.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Last remaining 2-acre parcel on this section of East Jericho Turnpike.; 1.9 miles east of Route 110 and The Shoppes at Walt Whitman (1.1M SF shopping mall).; Short-term lease facilitates redevelopment.
    Request Owner's contact information
    460 Jericho Tpke Huntington Sta Dix Hills, NY 11746
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    Dix Hills, NY 11746
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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
    460 Jericho Tpke Huntington Sta Dix Hills, NY 11746
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