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    OFF-MARKET
    Land

    0 Frowein Rd, East Moriches, NY 11940

    3.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.28-acre commercial and industrial land parcel is available for $3,150,000. Located on Frowein Road in East Moriches, New York, within Suffolk County's Brookhaven Township, this property offers significant development potential. Zoned L1 Industrial, it boasts a preliminary approved site plan for an 8,000 square foot warehouse with an additional 2.17 acres designated for outdoor storage. However, the zoning allows for a much larger building, with the possibility of constructing up to 40,000 square feet. The site features over 109 feet of high-visibility road frontage and a depth of nearly 650 feet, providing excellent exposure. Its strategic location offers convenient access to major transportation routes and is proximate to retail centers and other commercial businesses, making it ideal for various light industrial uses. This prime real estate presents a rare chance to acquire a substantial development site in a thriving commercial area. The property's zip code is 11940. This is a unique opportunity for investors seeking a high-return development project in a desirable location.

    Property profile
    Verified
    Property type Land
    Lot 3.28 ac (142,877 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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