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1309 Old Country Rd - 1309 Old Country Rd, Riverhead 2.07 Acres of Commercial Land in Riverhead, NY 11901

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INVESTMENT HIGHLIGHTS

  • 217' frontage on Old Country Road & 389' on Osborn Avenue
  • Traffic Count: 5,332 VPD (Osbourne Avenue)
  • Traffic Count: 30,150 VPD (Old Country Road)

EXECUTIVE SUMMARY

Investment Highlights
Prime 2.069-Acre Development Opportunity – A rare chance to acquire a sizable commercial parcel in a high-demand location.
High Visibility & Accessibility – 217 feet of frontage on Old Country Road and 389 feet on Osborn Avenue, ensuring excellent exposure in a heavily trafficked area.
Zoned Business Center (BC) – Flexible zoning allows for multiple commercial uses, including retail, medical, and automotive.
Approved Plans for Motor Vehicle Dealership & Service Center – Streamlines the development process, reducing time to market.
Strong Market Fundamentals – Located in a growing submarket with increasing land values and a limited supply of available parcels.
Strategic Location
Positioned in Riverhead’s thriving commercial corridor, surrounded by national retailers, auto dealerships, and medical facilities.
Heavy traffic counts – 30,150 vehicles per day on Old Country Road and 5,332 vehicles per day on Osborn Avenue, ensuring strong customer flow.
Proximity to major retailers such as Target, Lowe’s, Home Depot, Best Buy, and Stop & Shop, driving consistent commercial activity.
Convenient access to municipal services, including a sewer connection on Osborn Avenue.
Development Potential
Ideal for investors, developers, and end-users looking to capitalize on Riverhead’s expanding business landscape.
Expedited development due to existing approvals, saving time and resources.
Excellent opportunity for owner-occupiers or build-to-suit projects tailored to retail, automotive, or medical users.
Competitive Advantage
Few development-ready parcels of this size remain available in Riverhead.
A well-positioned site with existing infrastructure and multiple exit strategies, whether through leasing, owner-occupancy, or resale.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Strip Center
Total Lot Size 2.07 AC
No. Stories 1
Opportunity Zone Yes
Zoning BC (Business Center) - Business / Commercial

1 LOT AVAILABLE

Lot

Lot Size 2.07 AC

This rare 2.069-acre development site at 1309 Old Country Road in Riverhead, NY, presents an exceptional opportunity for investors, developers, or end-users seeking a prime commercial location.

DESCRIPTION

1309 Old Country Road is a rare 2.069-acre commercial development site situated in the heart of Riverhead’s bustling business district. The property features 217 feet of frontage on Old Country Road and 389 feet on Osborn Avenue, offering excellent visibility, accessibility, and exposure to high daily traffic counts. Zoned Business Center (BC), this versatile site is well-suited for a variety of commercial uses, including retail, medical, and automotive developments. The property comes with approved plans for a Motor Vehicle Dealership & Service Center, expediting the development process and making it a turnkey opportunity for investors or end-users. Located in a high-growth area, the property is surrounded by national retailers, auto dealerships, and medical facilities, ensuring a steady flow of consumer and business activity. Additionally, a municipal sewer connection on Osborn Avenue adds to the property’s development potential. With strong market fundamentals, prime frontage, and pre-approved plans, 1309 Old Country Road presents an unparalleled opportunity to establish a presence in one of Long Island’s most dynamic commercial corridors.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0600-122-00-02-00-002-001
Land Assessment
$62,200
Improvements Assessment
$117,800
Total Assessment
$180,000
  • Listing ID: 35004237

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 1309 Old Country Rd, Riverhead, NY 11901

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