93 Ruland Rd Melville, NY 11747
- Banks
- 1.30 lot acres
Current Use by Public Records
- Banks
Property Details for 93 Ruland Rd
- Lot size
- 1.30 lot acres
- Property type
- Banks
Description
This exceptional 1.3-acre development lot, located at 93 Ruland Rd in Melville, NY 11747, presents a unique investment opportunity. Zoned I-2, this property offers significant potential for a variety of commercial uses, including restaurants, banks, and other retail establishments. The lot size is approximately 1.3 acres, with the possibility of an additional approximately one-eighth of an acre, totaling approximately 1.6 acres. Its strategic location provides excellent visibility and accessibility, situated a quarter-mile from Route 110, a major thoroughfare. The surrounding area boasts a strong demographic profile, with a median annual household income of $141,232, indicating a robust consumer base. This property is being offered at $2,395,000 and represents a compelling chance to capitalize on the thriving commercial landscape of Melville, Suffolk County, New York. The property's I-2 zoning allows for a wide range of development possibilities, making it an attractive investment for both experienced developers and new ventures. This prime location and zoning make this a rare opportunity for significant return on investment. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melville
- County
- Suffolk
- State
- New York
- Longitude
- -73.4142226
- Latitude
- 40.76427
