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    30 Montauk Hwy East Moriches, NY 11940

    For Sale
    $1,350,000

    1.45-acre development opportunity. J4 Zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.45-acre commercial land parcel, located at 30 Montauk Highway in East Moriches, New York, presents a unique development opportunity. Zoned J4, the property is ideally suited for a diverse range of uses, including medical, wellness, fitness, retail, and professional office space. The asking price is $1,350,000. Conceptual plans include a potential two-building complex totaling approximately 24,000 square feet (12,000 square feet per floor), featuring high ceilings and oversized lower levels. Building A is envisioned as a 1.5-story structure with a second-floor office space, a green roof, sunken garden, and lounge area. Building B is planned as a single-story building. Both buildings offer ample parking and outdoor space. Artist renderings depict a potential design, including a rooftop lounge area. A build-to-suit option is available, allowing for customized development to meet specific needs. Leasing options may also be considered. This prime location boasts superb frontage and strong demographics, representing one of the last significant undeveloped parcels in the area. The sale is for the land only

    Property Features for 30 Montauk Hwy

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • Suitable for medical, wellness, retail, and general commercial uses.
    • Design‑build option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    East Moriches
    County
    Suffolk
    State
    New York
    Longitude
    -72.744575
    Latitude
    40.8254132

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.45-acre development opportunity. J4 Zoning.
    Where is this land located?
    The property is located at 30 Montauk Hwy East Moriches, NY.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Suitable for medical, wellness, retail, and general commercial uses.; Design-build option available.;
    Request Owner's contact information
    30 Montauk Hwy 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
    30 Montauk Hwy East Moriches, NY 11940
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