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Property profile & analytics
OFF-MARKET
Commercial real estate

3264 Route 112 Medford, NY 11763

4 ac lot
Property ID
US63-3844254
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 Commercial real estate
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
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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