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    Horseblock Rd. & Old Medford Ave Centereach, NY 11738

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    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 Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Centereach
    County
    Suffolk
    State
    New York
    Longitude
    -73.013
    Latitude
    40.8289

    Comparable in this City

    • Value Estimation by Request
      10,700 SF

      815 Horseblock Rd

      Restaurants • 10,700 SF
      815 Horseblock Rd, Farmingville, NY 11738
      View Details
    • Value Estimation by Request
      1.00 Acre

      815 Horseblock Rd

      Restaurants • 10,700 SF
      815 Horseblock Rd, Farmingville, NY 11738
      View Details
    • Value Estimation by Request
      0.38 Acres

      Mooney Pond Rd

      SHOW ROOM, WAREHOUSE • 0.38 Acres
      Mooney Pond Rd, Farmingville, NY 11738
      View Details
    • Value Estimation by Request
      0.14 Acres

      840 Horseblock Rd

      VACANT COMMERCIAL LAND • 0.14 Acres
      840 Horseblock Rd, Farmingville, NY 11738-1229
      View Details
    • Value Estimation by Request
      0.10 Acres

      Horseblock Rd

      VACANT COMMERCIAL LAND • 0.10 Acres
      Horseblock Rd, Farmingville, NY 11738
      View Details
    • Value Estimation by Request
      0.24 Acres

      Mooney Pond Rd

      VACANT COMMERCIAL LAND • 0.24 Acres
      Mooney Pond Rd, Farmingville, NY 11738
      View Details

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    Similar Nearby for Lease

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      Retail Space in Farmingville, NY

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    Horseblock Rd. & Old Medford Ave
    Centereach, NY 11738
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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