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    OFF-MARKET
    Land

    3067 Middle Country Rd, Lake Grove, NY 11755

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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