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Property profile & analytics
OFF-MARKET
Office Spaces

643 Old Medford Ave Medford, NY 11763

2,500 SF 0.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2,500 square foot medical office building opportunity is situated on a highly visible 0.51-acre lot in Medford, New York. Located on heavily trafficked Route 112 (Medford Avenue) in Suffolk County, this property boasts over 100 feet of frontage, ensuring maximum exposure to the more than 20,000 vehicles passing daily. The site is strategically positioned near a mix of local and national retailers, providing convenient access for patients and staff. Its proximity to Patchogue Village and major thoroughfares offers excellent accessibility. The property is zoned for medical use and comes with approved plans for a 2,500 square foot medical office building, making it an ideal investment for healthcare professionals seeking a turnkey solution or developers looking for a quick start on a profitable venture. The asking price is $749,000. The property's address is 643 Old Medford Avenue, Medford, NY 11763. This prime location and the existing approvals represent a rare opportunity in the thriving Long Island market. Don't miss this chance to acquire a highly visible and well-located medical office building.

Property profile
Verified
Property type Office Spaces
Total area 2,500 SF
Lot 0.51 ac (22,216 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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