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Property profile

0 Commercial Blvd And Middle Is Rd Medford, NY 11763

OFF-MARKET
Land
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial and industrial land parcel presents a unique investment opportunity in Medford, New York. Located at the intersection of Commercial Boulevard and Middle Island Road, this property boasts a highly desirable L1 Industrial zoning designation, allowing for significant development potential. Situated conveniently just off Route 112, this site offers excellent accessibility and visibility. The lot's zoning permits the construction of approximately 18,500 square feet of industrial space, representing a substantial buildable area. With a 17% coverage allowance, developers have considerable flexibility in designing their project. The property is situated within the Town of Brookhaven, benefiting from its established infrastructure and business-friendly environment. This prime location offers easy access to major transportation routes, making it an ideal site for a variety of industrial uses. The asking price for this exceptional land parcel is $2,250,000. This represents a compelling opportunity to acquire a strategically located and highly developable industrial site in a thriving Long Island market. The property's size and zoning make it suitable for a range of industrial projects, offering significant return on investment potential. Don't miss this chance to secure this exceptional piece of land.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Commercial Blvd And Middle Is Rd Medford, NY 11763
Medford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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