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    Veterans Memorial Hwy & Knickerbocker Ave Holbrook, NY 11741

    Sponsored
    For Sale
    Contact for pricing

    High-traffic location, build-to-suit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.37-acre commercial land parcel presents a unique investment opportunity in Holbrook, New York. Strategically located at the intersection of Veterans Memorial Highway and Knickerbocker Avenue, this property boasts 170 feet of frontage on the heavily trafficked Veterans Memorial Highway, ensuring high visibility and accessibility. The land is already cleared and leveled, significantly reducing development costs and expediting the construction process. Its proximity—just two blocks from the entrance to MacArthur Airport—offers unparalleled convenience and exposure to a large volume of travelers and local businesses. This prime location is ideal for a variety of commercial developments. The property is offered for sale, or alternatively, a land lease or build-to-suit lease is available. A net annual lease income of $200,000 is projected, excluding real estate taxes. The build-to-suit lease price will be determined on a project-by-project basis. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a thriving Suffolk County market. Don't miss this chance to capitalize on this exceptional location and create a successful commercial venture. The property is located in the 11741 zip code.

    Property Features for 0 Veterans Memorial Hwy & Knickerbocker Ave

    General Information

    Property type
    Land
    Lot Size
    59,677 SF

    HighLights

    • Land Lease or Build‑to‑Suit Available
    • $200,000 Annual Net Rent (excluding real estate taxes)
    • Build‑to‑Suit lease rates determined per project
    • 170 feet of frontage on Veterans Memorial Highway
    • Cleared and level lot
    • Two blocks from MacArthur Airport entrance
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Holbrook
    County
    Suffolk
    State
    New York
    Longitude
    -73.0725519
    Latitude
    40.7771842

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    FAQs

    What type of property is this?
    Land - High-traffic location, build-to-suit potential.
    Where is this land located?
    The property is located at Veterans Memorial Hwy & Knickerbocker Ave Holbrook, NY.
    What are key features of this property?
    This property features: Land Lease or Build-to-Suit Available; $200,000 Annual Net Rent (excluding real estate taxes); Build-to-Suit lease rates determined per project
    (631) 770-0700
    Request Owner's contact information
    Veterans Memorial Hwy & Knickerbocker 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
    Veterans Memorial Hwy & Knickerbocker Ave Holbrook, NY 11741
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