Property profile

3702 Horseblock Rd Medford, NY 11763

FOR SALE
Commercial land
Property ID
US63-4655533
1 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 13,400-square-foot warehouse, situated on a one-acre lot in Medford, New York, presents a compelling investment opportunity. Located at 3702 Horseblock Road, 11763, within Suffolk County, this industrial property boasts a 27-foot ceiling height, ideal for various storage and operational needs. The warehouse features one loading dock and one dock-high door, ensuring efficient loading and unloading of goods. Additionally, there's one drive-in door for convenient access. The property includes 4,690 square feet of office space, providing ample room for administrative functions. The warehouse is equipped with 1200 amps of power. Construction is complete, and the property is divisible, offering flexibility for potential tenants or future expansion. Legal overnight parking for vehicles is permitted on the premises. Property taxes are to be determined. This prime location in Medford offers easy access to major transportation routes, making it an attractive option for businesses seeking a strategic distribution hub. The property is being offered for sale at $3,995,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
APN 0200-775.00-04.00-008.000
UPID US63-4655533

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Corporate Office

Location

3702 Horseblock Rd Medford, NY 11763
Medford metro Census 159108 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2021
Last sale
$500,000
2 recorded transactions
2021
$500,000
2019
$560,000

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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More about this property
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