1836 Route 112 Medford, NY 11763
This exceptional 1,500 square foot storefront property presents a remarkable redevelopment opportunity. Situated on 1.8 acres of land in Medford, New York, this J2-zoned lot boasts an unparalleled location on heavily trafficked Route 112, with over 27,000 vehicles passing daily. The property features 220 feet of frontage and two curb cuts, ensuring high visibility and convenient access. Its strategic location places it amidst a thriving retail environment, surrounded by both national and local businesses. The property's proximity to major transportation arteries is another key advantage, with easy access to the Long Island Expressway, Sunrise Highway, the Medford commuter rail, and Islip MacArthur Airport (within 20 minutes). Low annual taxes of $4,046 further enhance the investment potential. This prime location is ideal for a national retailer seeking high visibility and significant foot traffic. The existing 1,500 square foot building provides a solid foundation for redevelopment or immediate occupancy. The 1.8-acre lot size offers ample space for expansion or future development. This is a rare opportunity to acquire a highly desirable commercial property in a prime Suffolk County location. The property's zoning (J2) allows for a variety of commercial uses, making it a versatile investment.
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.