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Property profile & analytics
OFF-MARKET
Commercial real estate

22 Frowein Rd Center Moriches, NY 11934

2.74 ac lot
Property ID
US63-0635363
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.74 ac (119,354 SF)
UPID US63-0635363
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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