Technical
Financial
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Property profile

3264 Route 112 Medford, NY 11763

FOR SALE
Land
Property ID
US63-3844254
4 ac lot
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Property summary

AI-generated overview

This exceptional 4-acre commercial land parcel presents a remarkable development opportunity in Medford, NY. Strategically located on Route 112 at a four-way traffic light, this J2-zoned property boasts unparalleled visibility and accessibility. Situated directly across from the bustling Brookhaven Executive Center Office Park, the site benefits from the high traffic volume of approximately 25,000 vehicles daily. Its prime location offers easy access to major thoroughfares like the Long Island Expressway and Sunrise Highway, ensuring convenient commutes for employees and customers. Surrounded by established local and national retailers, this property is ideal for a diverse range of commercial developments, including retail spaces or professional office buildings. The substantial lot size and high traffic counts make this an exceptional investment opportunity with significant potential for growth and return. The property's zoning (J2) allows for a variety of commercial uses, making it a versatile and attractive option for developers seeking a high-impact location in a thriving market. The asking price is $3,400,000. Don't miss this chance to acquire a premier commercial property in a highly desirable area of Long Island.

Property profile

Verified
Property type Land
Lot 4 ac (174,240 SF)
UPID US63-3844254

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3264 Route 112 Medford, NY 11763
Medford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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