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    Frowein Rd East Moriches, NY 11940

    For Sale
    $3,150,000

    3.28-Acre Development Opportunity in NY

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.28-acre commercial and industrial land parcel is available for $3,150,000. Located on Frowein Road in East Moriches, New York, within Suffolk County's Brookhaven Township, this property offers significant development potential. Zoned L1 Industrial, it boasts a preliminary approved site plan for an 8,000 square foot warehouse with an additional 2.17 acres designated for outdoor storage. However, the zoning allows for a much larger building, with the possibility of constructing up to 40,000 square feet. The site features over 109 feet of high-visibility road frontage and a depth of nearly 650 feet, providing excellent exposure. Its strategic location offers convenient access to major transportation routes and is proximate to retail centers and other commercial businesses, making it ideal for various light industrial uses. This prime real estate presents a rare chance to acquire a substantial development site in a thriving commercial area. The property's zip code is 11940. This is a unique opportunity for investors seeking a high-return development project in a desirable location.

    Property Features for 0 Frowein Rd

    General Information

    Property type
    Land
    Lot Size
    142,877 SF

    HighLights

    • $3,150,000 asking price.
    • 3.28‑acre land parcel.
    • L1 Industrial zoning.
    • Located on Frowein Rd, East Moriches, NY 11940.
    • Preliminary site plan approved for an 8,000 SF warehouse with 2.17 acres of outdoor storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Moriches
    County
    Suffolk
    State
    New York
    Longitude
    -72.7714106
    Latitude
    40.8105391

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 3.28-Acre Development Opportunity in NY
    Where is this land located?
    The property is located at Frowein Rd East Moriches, NY.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: $3,150,000 asking price.; 3.28-acre land parcel.; L1 Industrial zoning.
    Request Owner's contact information
    Frowein Rd East Moriches, NY 11940
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    East Moriches, NY 11940
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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
    Frowein Rd East Moriches, NY 11940
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