Property profile

30 Montauk Hwy East Moriches, NY 11940

OFF-MARKET
Land
1.45 ac lot
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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

Location

30 Montauk Hwy East Moriches, NY 11940
East Moriches metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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