3067 Middle Country Rd, Lake Grove, NY 11755
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.