Property profile

2066 Rte 112 Medford, NY 11763

OFF-MARKET
Warehouses
Property ID
US63-4137218
1.55 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 38,000-square-foot industrial distribution center is available for purchase at $5,700,000. Located at 2066 Rte 112 in Medford, New York (zip code 11763), this vacant property offers significant potential for a variety of uses. The building features an 18-foot ceiling height, providing ample vertical space for storage and operations. A single platform loading dock facilitates efficient loading and unloading of goods. The property is zoned J2, offering flexibility for various industrial applications. A key advantage is the building's divisibility, featuring three separate meters, allowing for potential subdivision to accommodate multiple tenants or customized space requirements. The existing configuration can be modified to increase parking space if needed. This prime location in Suffolk County provides excellent visibility and accessibility, making it an ideal investment opportunity for businesses seeking a strategic distribution hub in the Medford area. The property's size and features make it suitable for a range of distribution and logistics operations. Serious inquiries are encouraged.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 1.55 ac (67,518 SF)
APN 0200-808.00-02.00-018.000
UPID US63-4137218

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2066 Rte 112 Medford, NY 11763-3656
Medford metro Census 159107 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2017
7 recorded transactions
2019
Price N/A
2019
Price N/A
2017
$1.8M
2014
$1.6M
2011
Price N/A
1969
Price N/A
1969
Price N/A

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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