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    319 Middle Country Rd Coram, NY 11727

    For Sale
    $2,400,000

    1.24 Acres, J-6 Zoning, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.24-acre commercial land parcel, located at 319-325 Middle Country Road in Coram, New York (zip code 11727), presents a significant investment opportunity. Zoned J-6 Business, this property offers immense potential for redevelopment. Currently featuring three buildings totaling 4,983 square feet, including a residential lot, the site is ideally suited for a larger-scale commercial project. Plans call for a new 9,000 square foot retail development with ample parking for 61 vehicles. The property's prime location boasts high visibility and accessibility, situated amongst a thriving retail corridor. Nearby established businesses include McDonald's, Burger King, Advance Auto Parts, Dunkin' Donuts, Rent-A-Center, Family Dollar, Stop & Shop, Home Depot, CareMed, Urgent Care, Friendly's, Domino's Pizza, and 7-Eleven, ensuring strong foot traffic and consumer presence. The asking price is $2,400,000. Parcel ID numbers are 450-2-11, 12, and 13. This is a rare opportunity to acquire a substantial commercial property in a high-demand location with significant upside potential. Don't miss out on this chance to capitalize on the growth and development in this bustling area of Suffolk County.

    Property Features for 319 Middle Country Rd

    General Information

    Property type
    Land
    Lot Size
    54,014 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vascular Diagnostics of LI ... Doctor

    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
    Coram
    County
    Suffolk
    State
    New York
    Longitude
    -72.9992138
    Latitude
    40.8701174

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    FAQs

    What type of property is this?
    Land - 1.24 Acres, J-6 Zoning, High Traffic Area
    Where is this land located?
    The property is located at 319 Middle Country Rd Coram, NY.
    What is the asking price?
    The asking price for this property is $2,400,000.
    (516) 203-8111
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    319 Middle Country Rd Coram, NY 11727
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    Coram, NY 11727
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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
    319 Middle Country Rd Coram, NY 11727
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