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    OFF-MARKET
    Land

    30 Montauk Hwy, East Moriches, NY 11940

    1.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.45-acre commercial land parcel, located at 30 Montauk Highway in East Moriches, New York, presents a unique development opportunity. Zoned J4, the property is ideally suited for a diverse range of uses, including medical, wellness, fitness, retail, and professional office space. The asking price is $1,350,000. Conceptual plans include a potential two-building complex totaling approximately 24,000 square feet (12,000 square feet per floor), featuring high ceilings and oversized lower levels. Building A is envisioned as a 1.5-story structure with a second-floor office space, a green roof, sunken garden, and lounge area. Building B is planned as a single-story building. Both buildings offer ample parking and outdoor space. Artist renderings depict a potential design, including a rooftop lounge area. A build-to-suit option is available, allowing for customized development to meet specific needs. Leasing options may also be considered. This prime location boasts superb frontage and strong demographics, representing one of the last significant undeveloped parcels in the area. The sale is for the land only

    Property profile
    Verified
    Property type Land
    Lot 1.45 ac (63,162 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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    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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