Munsell Rd Medford, NY 11980
This exceptional mixed-use property in Medford, NY, presents a unique investment opportunity. The 1,230 square foot building, measuring 31 feet by 40 feet, features two 12' x 12' overhead doors, ideal for storage or distribution. The property boasts a substantial 500-amp electrical service, ensuring ample power for various business needs. Climate control is provided by existing heating and air conditioning systems. A recently installed well (less than three years old) provides reliable water supply. A pellet stove is included in the sale. The property also includes a sizable fenced yard, currently generating rental income from several sub-tenants (with 30-day notice for vacancy). Two semi-truck trailers with power are also included in the sale, adding significant value. The property offers considerable additional space that can be utilized by the new owner or leased for further income generation. Low property taxes contribute to the overall financial attractiveness of this investment. This versatile property is perfectly suited for a variety of commercial uses, offering a blend of storage, distribution, and potential rental income streams.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.