374 Main Rd, Laurel, NY 11948
This exceptional 150,235 square foot commercial land parcel in Laurel, NY (Suffolk County, zip code 11948), located at 374 Main Rd, presents a compelling opportunity for developers. Zoned for Rural Corridor - Medical Office/Retail, this property offers a unique canvas for a built-to-suit project. Plans include a proposed 14,999+/- square foot, single-story structure featuring five medical/retail units, plus an additional 14,999+/- square feet of proposed basement storage. The development also incorporates 100 proposed parking spaces, including 10 ADA-compliant spaces. This project is designed to fully comply with the Riverhead Zoning Code. The asking price for this prime real estate is $1,995,000. Don't miss this chance to acquire a site perfectly positioned for a thriving medical or retail venture. The property's location offers excellent visibility and accessibility, making it an ideal investment for long-term growth and profitability. Detailed plans are available upon request.
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
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.