Property summary
This exceptional commercial land parcel, located at the intersection of Horseblock Rd. and Old Medford Ave. in Centereach, NY (zip code 11738), presents a unique investment opportunity. Priced at $3,750,000, this property boasts a prime location, zoned J4, and offers significant development potential. Its strategic position at a traffic light ensures high visibility and accessibility, further enhanced by its proximity – just a quarter-mile – to the Long Island Expressway (LIE). The area is experiencing robust growth, with a 228,000 square foot logistics center under construction three miles south and a 700,000 square foot distribution center 1.6 miles to the east. Adding to its appeal, a recently developed storage facility is located next to an established retail center less than a quarter-mile away. This thriving retail environment includes familiar names such as BP Gas Station, C-Town, Dunkin' Donuts, Wingstop, and Subway. The property's daily traffic count (DTC) is 14,111, underscoring its high-traffic potential. This corner lot presents a compelling opportunity for investors seeking to capitalize on the area's dynamic growth and strong retail presence. The J4 zoning provides flexibility for a variety of commercial developments.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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