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    Middle Country Rd Centereach, NY 11772

    Sponsored
    For Lease
    Contact for pricing

    1.27 Acres, Medical Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.27-acre commercial land parcel presents a prime development opportunity in Centereach, New York. Located on heavily trafficked Middle Country Road, directly across from the bustling Selden Plaza Shopping Center, this site boasts unparalleled visibility and accessibility. Approved plans are in place for a roughly 7,600 square foot medical building, making it ideal for a walk-in clinic or other medical uses. However, the zoning also allows for retail or professional office uses, providing flexibility for various development concepts. The property features over 150 feet of frontage on Middle Country Road, ensuring high exposure to a substantial daily traffic volume. Its strategic location offers convenient access to County Road 83, the Long Island Expressway (LIE), and Sunrise Highway, enhancing its appeal to both businesses and customers. Further enhancing its desirability, brand-new luxury apartments are under construction across the street, creating a vibrant and growing community. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a thriving Suffolk County location, with the potential for significant return on investment. The property is zoned for medical use. The lot size is 1.27 acres.

    Property Features for 0 Middle Country Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available space 1
    Size
    0 SF

    HighLights

    • Approved plans for a 7,600 SF medical office building.
    • Across the street from Selden Plaza and luxury apartments.
    • Excellent retail adjacency with national brands.
    • High visibility with 150 feet of frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Centereach
    County
    Suffolk
    State
    New York
    Longitude
    -73.0804336
    Latitude
    40.8587243

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    FAQs

    What type of property is this?
    Land - 1.27 Acres, Medical Zoning, High Traffic
    Where is this land located?
    The property is located at Middle Country Rd Centereach, NY.
    What are key features of this property?
    This property features: Approved plans for a 7,600 SF medical office building.; Across the street from Selden Plaza and luxury apartments.; Excellent retail adjacency with national brands.
    Request Owner's contact information
    Middle Country Rd Centereach, NY 11772
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    Centereach, NY 11772
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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.

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    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
    Middle Country Rd Centereach, NY 11772
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