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Investment/ owner user 3120-3130 Rt-112 24,200 SF 100% Leased Retail Building Medford, NY 11763 $8,842,015 CAD ($365.37 CAD/SF) 8.68% Cap Rate
Investment Highlights
- INDUSTRIAL 4 ACRE
- WAREHOUSE/RETAIL/OFFICE/PARKING.
Executive Summary
Total of 4 acre of commercial land on busy Rt.112, MEDFORD.
Owner Financing for 2.8M @ 6% for 5 year.
Vision Real estate is retained to offer this industrial property very close to LIE. Multiple options for usage.
The price is for combined three adjacent properties comprised of total 4 acre of lot size, which consists of 19,500 sqft warehouse on one lot which is currently leased for another 2 years at $15,000/ monthly Rent, can be deliver vacant at buyer request at right price . Other Two properties which is one storefront(vacant) and small warehouse(rented for 3800/mo. and have 9yrs lease) at rear & another 2-family house(Rented for 3800/month) . Truck parking at back of property bring additional income.
Projected income $564,244
Owner Financing for 2.8M @ 6% for 5 year.
Vision Real estate is retained to offer this industrial property very close to LIE. Multiple options for usage.
The price is for combined three adjacent properties comprised of total 4 acre of lot size, which consists of 19,500 sqft warehouse on one lot which is currently leased for another 2 years at $15,000/ monthly Rent, can be deliver vacant at buyer request at right price . Other Two properties which is one storefront(vacant) and small warehouse(rented for 3800/mo. and have 9yrs lease) at rear & another 2-family house(Rented for 3800/month) . Truck parking at back of property bring additional income.
Projected income $564,244
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$926,371
|
$38.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$926,371
|
$38.28
|
| Taxes |
$93,802
|
$3.88
|
| Operating Expenses |
$65,023
|
$2.69
|
| Total Expenses |
$158,824
|
$6.56
|
| Net Operating Income |
$767,547
|
$31.72
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $926,371 |
| Annual Per SF | $38.28 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $926,371 |
| Annual Per SF | $38.28 |
| Taxes (CAD) | |
|---|---|
| Annual | $93,802 |
| Annual Per SF | $3.88 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $65,023 |
| Annual Per SF | $2.69 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $158,824 |
| Annual Per SF | $6.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $767,547 |
| Annual Per SF | $31.72 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
24,200 SF
Building Class
C
Year Built
1983
Price
$8,842,015 CAD
Price Per SF
$365.37 CAD
Cap Rate
8.68%
NOI
$767,547 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
4.08 AC
Zoning
L1 - Light-Industrial, Retail
L-I
Parking
538 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
401’ on Rt-112 Rd
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Security System
- Signage
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Apartments
- Real Estate
- 1,700 SF
- $36.48 CAD
- -
- -
- Auto modification
- Services
- 1,800 SF
- $34.91 CAD
- Plus Utilities and Cleaning
- Jan 2035
- B & B Home Furnishing Ctr
- Retailer
- 19,500 SF
- $12.56 CAD
- Plus Utilities
- Mar 2028
- none
- Retailer
- 700 SF
- $54.41 CAD
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Apartments | Real Estate | 1,700 SF | $36.48 CAD | - | - | |
| Auto modification | Services | 1,800 SF | $34.91 CAD | Plus Utilities and Cleaning | Jan 2035 | |
| B & B Home Furnishing Ctr | Retailer | 19,500 SF | $12.56 CAD | Plus Utilities | Mar 2028 | |
| none | Retailer | 700 SF | $54.41 CAD | Modified Gross | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0200-631-00-01-00-019-000 | Total Assessment | $14,271 CAD (2024) |
| Land Assessment | $2,258 CAD (2024) | Annual Taxes | $93,802 CAD ($3.88 CAD/SF) |
| Improvements Assessment | $12,014 CAD (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
0200-631-00-01-00-019-000
Land Assessment
$2,258 CAD (2024)
Improvements Assessment
$12,014 CAD (2024)
Total Assessment
$14,271 CAD (2024)
Annual Taxes
$93,802 CAD ($3.88 CAD/SF)
Tax Year
2025
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Investment/ owner user | 3120-3130 Rt-112
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