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    440 Expressway Dr Medford, NY 11763

    Sponsored
    For Sale
    Contact for pricing

    30+ Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30.083-acre commercial and industrial land parcel presents a remarkable development opportunity. Strategically situated on Expressway Drive South in Medford, New York, this property boasts approximately 800 feet of frontage along the Long Island Expressway South Service Road, benefiting from daily traffic counts exceeding 120,000 vehicles. The L1 zoning permits a wide range of approved uses, making it ideal for various commercial and industrial projects. Its prime location within a strong demographic area is further enhanced by its proximity to numerous national and local retailers. This site offers unparalleled visibility and accessibility, making it an attractive investment for developers seeking a high-impact location. The property is identified as Town of Brookhaven District 200, Section 736, Block 1.0. Contact us for pricing and further details.

    Property Features for 440 Expressway Dr

    General Information

    Property type
    Land
    Lot Size
    1,310,415 SF

    HighLights

    • 30+ acre development site available for sale on Expressway Drive South, Medford, NY.
    • +/-800 feet of frontage on the Long Island Expressway South Service Road, with daily traffic counts exceeding 120,000 vehicles.
    • Light Industrial zoning allows for diverse permitted uses.
    • Excellent location near major retailers in a strong demographic area.
    • Located in Town of Brookhaven, District 200, Section 736, Block 1.0.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Brookhaven Fair at The Fairgrounds ... Amusement Park

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Suffolk
    State
    New York
    Longitude
    -72.985459
    Latitude
    40.820603

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    FAQs

    What type of property is this?
    Land - 30+ Acres, High-Traffic Location
    Where is this land located?
    The property is located at 440 Expressway Dr Medford, NY.
    What are key features of this property?
    This property features: 30+ acre development site available for sale on Expressway Drive South, Medford, NY.; +/-800 feet of frontage on the Long Island Expressway South Service Road, with daily traffic counts exceeding 120,000 vehicles.; Light Industrial zoning allows for diverse permitted uses.
    Request Owner's contact information
    440 Expressway Dr Medford, NY 11763
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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
    440 Expressway Dr Medford, NY 11763
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