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Investment Highlights

  • Development Opportunity
  • Zoning APZ

Executive Summary

An exceptional opportunity to acquire approximately 25 acres of prime development land in one of Long Island's fastest-growing commercial corridors. Strategically positioned just off Old Country Road and adjacent to Costco, this highly visible property offers outstanding accessibility and tremendous long-term development potential.
One of the property's most significant advantages is the availability of municipal sewer, a rare and highly valuable feature that can expand future development possibilities.
Surrounded by national retailers, expanding residential communities, and major transportation routes, the property is ideally suited for a variety of uses, including:
-Mixed-use development
-Retail or lifestyle center
-Medical or professional office campus
-Hospitality
-Senior housing
-Multifamily residential (subject to approvals)
-Industrial or flex development (subject to zoning)
Riverhead continues to experience significant public and private investment, reinforcing its position as the gateway to the East End and creating strong demand for new commercial and residential development.
Whether you're a developer, investor, or institutional buyer, this offering represents a rare chance to control a substantial landholding in one of Suffolk County's most dynamic growth markets.
Property Highlights
-Approximately 25 acres
-Municipal sewer available
-Adjacent to Costco and major national retailers
-Excellent visibility and access
-Minutes from Routes 58, 25, and the Long Island Expressway
-Strong demographics and continued area growth
-Outstanding development and investment potential

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Storefront, Retail or Office
Total Lot Size 25.00 AC
Opportunity Zone Yes
Zoning APZ - APZ - Agricultural Protection Zone - Town of Riverhead

1 Lot Available

Lot

Lot Size 25.00 AC

+/- 25 acres of prime development land with municipal sewer available, strategically located adjacent to Costco in one of Riverhead's fastest-growing commercial corridors.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 41490872

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 483 Mill Road, Riverhead, NY 11901

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