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    Property profile & analytics

    3120 Rte 112 Medford, NY 11763-1429

    • Community centers
    • 1.65 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Last Sale
    Aug 21, 2023
    $480,000
    Location Intelligence
    Property ID
    US63-3510200
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community centers

    Property Details for 3120 Rte 112

    Lot size
    1.65 lot acres
    Property type
    Community centers
    APN
    0200-631.00-01.00-019.000
    APU
    200631000100019000

    Description

    This exceptional investment opportunity encompasses three contiguous properties totaling four acres in Medford, NY, at 3120 Route 112. The core asset is a substantial 19,500-square-foot warehouse situated on a 1.65-acre lot. This warehouse provides ample space for storage, manufacturing, or distribution. Complementing the warehouse are two additional properties. One is a combined storefront and smaller rear warehouse, offering versatile commercial space. The other is a two-family residential building, presenting additional income potential or housing for staff. The combined properties offer significant flexibility and potential for diverse uses. The expansive four-acre lot includes convenient truck parking at the rear, ensuring easy access for loading and unloading. The asking price of $6,900,000 reflects the significant size, diverse components, and prime location of this unique industrial portfolio. This is a rare opportunity to acquire a substantial multi-use property with significant upside potential in a desirable location. The property's size and diverse components make it ideal for a variety of business ventures or long-term investment strategies.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $485,000
      7%
      $515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $550,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $590,000
      Retail
      $500,000
      Mixed-Use
      $505,000
      Hospitality
      $595,000
      Educational
      $465,000
      Residential Income
      $530,000
      Energy
      $520,000
      Income-Based Land
      $590,000
      Food Service
      $615,000

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Suffolk
    State
    New York
    Longitude
    -72.9971
    Latitude
    40.8372
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $1,650
    $8,780
    $10,430
    -
    $3,056
    $16,259
    $19,315

    Comparable in this City

    • Value Estimation by Request
      1.48 Acres

      1565 Rte 112

      MINI-MALL • 1.48 Acres
      1565 Rte 112, Medford, NY 11763-3647
      View Details
    • Value Estimation
      $195,000
      16.39 Acres

      2974 Horseblock Rd

      MINI-MALL • 16.39 Acres
      2974 Horseblock Rd, Medford, NY 11763-2543
      View Details
    • Value Estimation by Request
      1.01 Acres

      2031 Rte 112

      MINI-MALL • 1.01 Acres
      2031 Rte 112, Medford, NY 11763
      View Details
    • Value Estimation by Request
      0.50 Acres

      2900 Rte 112

      MINI-MALL • 0.50 Acres
      2900 Rte 112, Medford, NY 11763-1406
      View Details
    • Value Estimation by Request
      1.50 Acres

      2850 Rte 112

      MINI-MALL • 1.50 Acres
      2850 Rte 112, Medford, NY 11763-1404
      View Details
    • Value Estimation
      $9,960,000
      25.09 Acres

      Horseblock Rd

      MINI-MALL • 25.09 Acres
      Horseblock Rd, Medford, NY 11763
      View Details

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    3120 Rte 112
    Medford, NY 11763-1429
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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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