22 Frowein Rd Center Moriches, NY 11934
This exceptional 2.74-acre commercial and industrial land parcel at 22 Frowein Road, Center Moriches, NY 11934, presents a unique investment opportunity. Located in Suffolk County, this property boasts convenient access to rail lines, making it ideal for various industrial uses. The land previously held approvals for a 20,547 square foot building, offering significant development potential. Its history includes use as an outside steel storage yard, demonstrating its suitability for heavy-duty applications. Adding to its appeal, a single-family home situated on the property generates rental income, providing a passive revenue stream. The asking price is $2,995,000, and owner financing is a possibility. Annual property taxes are approximately $7,589.22. This property's combination of location, size, existing infrastructure, and income-generating potential makes it a compelling investment in the thriving Center Moriches market. The latitude and longitude coordinates are 40.8078186 and -72.7791879 respectively. Serious inquiries are encouraged.
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
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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.