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    Montauk Hwy East Patchogue, NY 11772

    Sponsored
    For Sale
    $1,500,000

    2.5-acre commercial lot, J2 zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre commercial land parcel presents a remarkable investment opportunity in the thriving East Patchogue market. Strategically located on Montauk Highway, this property boasts approximately 150 feet of high-visibility frontage, ensuring maximum exposure to the substantial daily traffic volume. The J2 zoning designation allows for a diverse range of development possibilities, making it ideal for retail or office projects. Its convenient location offers easy access to Patchogue Village, major roadways, and the Bellport and Patchogue commuter rail lines, enhancing its appeal to a wide range of businesses and clientele. The property's substantial size and prime location combine to create a unique opportunity for significant return on investment. This is a rare chance to acquire a well-situated, sizable parcel in a rapidly growing area of Suffolk County, New York. The asking price is $1,500,000. The property is situated at 11772, Montauk Hwy, East Patchogue, NY, within Suffolk County. This highly desirable location offers excellent demographics and strong potential for future growth. Don't miss this chance to secure a prime piece of commercial real estate in a vibrant and accessible location.

    Property Features for 0 Montauk Hwy

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre prime development site in East Patchogue.
    • Approximately 150 feet of Montauk Highway frontage.
    • J2 zoning allows for retail or office development.
    • Ideal for retail or office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -72.9709223
    Latitude
    40.7692768

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    FAQs

    What type of property is this?
    Land - 2.5-acre commercial lot, J2 zoning
    Where is this land located?
    The property is located at Montauk Hwy East Patchogue, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 2.5-acre prime development site in East Patchogue.; Approximately 150 feet of Montauk Highway frontage.; J2 zoning allows for retail or office development.
    Request Owner's contact information
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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
    Montauk Hwy East Patchogue, NY 11772
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