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    1 Main St Center Moriches, NY 11934

    Sponsored
    For Sale
    $950,000

    Prime corner lot, vacant, high traffic.

    Property size:
    400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 400 square foot, single-story building, built in 1960, sits on a 0.36-acre lot in Center Moriches, NY, at the signalized intersection of Lake Avenue. The property, zoned J-2

    Property Features for 1 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    400 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    HighLights

    • Excellent redevelopment opportunity.
    • Features dual drive‑thru lanes.
    • High population density: 80,695 residents within 5 miles.
    • Strong demographics: $118,000 median household income within 1 mile.
    • High traffic count: 14,361 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Center Moriches
    County
    Suffolk
    State
    New York
    Longitude
    -72.797479012991
    Latitude
    40.80020199572

    Nearby Comparable

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      1 SF

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      1.5-Acre Prime Development Site
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      Land with Highway Access

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      Land on Montauk Highway

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      Center Moriches Industrial Land

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    Nearby Similar for Sale

    • $1,800,000

      Office Building with Warehouse

      Free-standing office building with warehouse, ample parking, fenced yard.
      32 Chichester Ave, Center Moriches, NY 11934
      View Details
    • $3,900,000
      12,045 SF

      Retail Property on Montauk Highway

      12,045 SF retail property with 25 parking spaces.
      361 Main St, Center Moriches, NY 11934
      View Details
    • $1,775,000
      7,100 SF

      Retail Property on Main Street

      Retail property available for sale on Main Street.
      333 Main St, Center Moriches, NY 11934
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime corner lot, vacant, high traffic.
    Where is this restaurant located?
    The property is located at 1 Main St Center Moriches, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Excellent redevelopment opportunity.; Features dual drive-thru lanes.; High population density: 80,695 residents within 5 miles.
    Request Owner's contact information
    1 Main St Center Moriches, NY 11934
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    Center Moriches, NY 11934
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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
    1 Main St Center Moriches, NY 11934
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