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.