643 Old Medford Ave Medford, NY 11763
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.
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 Sale
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.