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    Property profile & analytics
    FOR SALE
    Community centers

    3120 Route 112, Medford, NY 11763

    1.65 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US63-3510200
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Lot 1.65 ac (71,874 SF)
    APN 0200-631.00-01.00-019.000
    UPID US63-3510200
    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
    Gk 13 LLC · 2 yrs held
    Gk 13 LLC
    since 2023
    Last sale
    $480,000
    5 recorded transactions
    2023
    $4.8M
    2020
    2015
    $400,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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