Property profile

3067 Middle Country Rd Lake Grove, NY 11755

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.17-acre land parcel presents a unique investment opportunity in the desirable Lake Grove, New York area. Located at 3067 Middle Country Road, Suffolk County, NY 11755, this property boasts a strategic location with convenient access to major roadways. The asking price is $1,050,000. The site currently features an existing 2,000 square foot office building, providing immediate potential for various uses or redevelopment. An added benefit is the presence of a detached two-car garage with a bathroom, offering versatile storage or workspace options. The property's substantial size and existing structures make it ideal for a range of development projects, from expanding the existing office space to constructing new buildings. Its prime location in Lake Grove offers excellent visibility and accessibility, making it an attractive proposition for businesses and investors alike. This is a rare opportunity to acquire a sizable land parcel with existing improvements in a highly sought-after location. The property is zoned for [Zoning information not provided, therefore cannot be included]. Serious inquiries are encouraged to explore the full potential of this remarkable property. Coordinates are 40.8616713 latitude and -73.1198191 longitude.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

3067 Middle Country Rd Lake Grove, NY 11755
Lake Grove 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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