3601-3605 Horseblock Rd
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3601-3605 Horseblock Rd
11.7 Acres of Commercial Land Offered at $11,750,000 in Medford, NY 11763
Investment Highlights
- +/- 8 Acres for End User or Developer
- Steps to the Long Island Expressway (495)
- Approved for Outdoor Storage and Vehicle Repair
Executive Summary
Rare Industrial Site Available for Sale or Land Lease. Ideal Development Opportunity totaling 11.7 Acres with +/-8 Acres available for end user or developer. Strategically positioned just steps from the Long Island Expressway on heavily traveled Horseblock Rd. Highly visible location with +/- 476 feet of frontage! Excellent Demographics! Approved Site Plans with permitted variances for motor vehicle repair, outdoor storage and accessory motor vehicle fueling. Two (2) Existing tenants include a transportation company with a lease in place until 2027 and a fuel cell company with a lease ending in 2030. Both tenants pay 3% increases per annum, and each have 5- year options. Full financials are available on request. Please contact Michael Murphy for more details.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $11,750,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 11.70 AC |
| Price | $11,750,000 |
| Sale Type | Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 11.70 AC |
1 Lot Available
Lot
| Price | $11,750,000 | Lot Size | 11.70 AC |
| Price Per AC | $1,004,274 |
| Price | $11,750,000 |
| Price Per AC | $1,004,274 |
| Lot Size | 11.70 AC |
Rare Industrial Site Available for Sale or Land Lease. Ideal Development Opportunity totaling 11.7 Acres with +/-8 Acres available for end user or developer.
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $82,300 | |
| Land Assessment | $6,300 | Annual Taxes | ($1) |
| Improvements Assessment | $76,000 | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,300
Improvements Assessment
$76,000
Total Assessment
$82,300
Annual Taxes
($1)
Tax Year
2023 Payable 2023
zoning
| Zoning Code | L1 (Light Industrial) |
| L1 (Light Industrial) |
-
Power Broker Michael Murphy -
Douglas Elliman Commercial
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3601-3605 Horseblock Rd
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