1415 Montauk Hwy, Oakdale, NY 11769
This exceptional 0.48-acre commercial land parcel, located at 1415 Montauk Highway in Oakdale, New York, 11769, presents a unique investment opportunity. Priced at $499,990 ($23.66/sq ft), this vacant lot boasts a substantial 21,128 square feet and is zoned Commercial B-1, allowing for a wide range of commercial uses. The property is ideally situated on Montauk Highway in the heart of Oakdale, ensuring high visibility and accessibility. This is a sale or ground lease opportunity, with long-term lease options available. The property is currently vacant, providing flexibility for new construction or development. State and county approvals are in place for sewer connections (SWSD), a significant advantage for future development. A build-to-suit (BTS) option is also available to accommodate specific project needs. This is a rare chance to acquire a prime commercial property in a thriving location. The Suffolk County parcel number is 500-325-1-80. The lease type is NNN.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.