Single-Family
Granny Road Development Site
2 Richard Dr, Medford, NY 11763
Listing Price: $850,000
Investment Overview
Marcus & Millichap is pleased to present an opinion of value to ownership for a development site in Yaphank, NY. The subject property is a 9.18 acre parcel zoned A Residence 1. A Residence 1 zoning allows for the development of single family homes. The subject property is ideally located near the Long Island Expressway, a major thoroughfare that extends across Long Island from Suffolk County to Queens. Additionally, the property is located near several area demand drivers including Mill Pond Golf Course and Hunter Business School's Medford campus. The subject property is located near several national retailers like Home Depot, Stop & Shop, Lowe's, Sam's Club, Target, TJ Maxx, Michaels and so much more. The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income well over $109,000. Additional information is available upon request.
Exclusively Listed By
Listing Price: $850,000
Investment Highlights
- 9+ Acres of Land
- As of right zoned for Single Family Development
- Current Annual Taxes Approximately $3,200
Investment Overview
Marcus & Millichap is pleased to present an opinion of value to ownership for a development site in Yaphank, NY. The subject property is a 9.18 acre parcel zoned A Residence 1. A Residence 1 zoning allows for the development of single family homes. The subject property is ideally located near the Long Island Expressway, a major thoroughfare that extends across Long Island from Suffolk County to Queens. Additionally, the property is located near several area demand drivers including Mill Pond Golf Course and Hunter Business School's Medford campus. The subject property is located near several national retailers like Home Depot, Stop & Shop, Lowe's, Sam's Club, Target, TJ Maxx, Michaels and so much more. The area demographics paint a picture of opportunity – over 51,000 people live within a three miles radius and an average household income well over $109,000. Additional information is available upon request.
Exclusively Listed By
