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Property profile & analytics
OFF-MARKET
Auto shops

24 Montauk Hwy Moriches, NY 11955

1.75 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US63-2230478
Property summary
AI-generated overview

This exceptional 5+ acre commercial development site presents a compelling investment opportunity in the thriving Moriches, NY market. Located at 24 Montauk Highway, the property boasts over 444 feet of frontage, ensuring exceptional visibility and accessibility. The site benefits from a high traffic count, strategically positioned amongst a robust mix of national and regional retailers, including King Kullen, McDonald's, CVS, Wendy's, Stop & Shop, Subway, Lidl, 7-Eleven, Kohl's, Marshall's, Michael's, Five Below, Verizon, Dunkin', Applebee's, AutoZone, and Famous Footwear. This prime location guarantees significant exposure and strong potential for attracting a diverse clientele. The property is zoned L1/J2, offering considerable flexibility for various development projects. The existing infrastructure and high-traffic location make this an ideal site for new construction, expansion, or relocation of an existing business. This is a rare opportunity to acquire a substantial commercial parcel in a highly desirable area with significant upside potential. The asking price is $1,350,000. Serious inquiries only.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 1.75 ac (76,230 SF)
APN 0200-825.00-02.00-021.000
UPID US63-2230478
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Eric Vautrin · 5 yrs held
Eric Vautrin
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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