Current Use by Public Records
- Land
Property Details for 0 Horseblock Rd. & Old Medford Ave
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Centereach
- County
- Suffolk
- State
- New York
- Longitude
- -73.013
- Latitude
- 40.8289
