Medford, New York Commercial Real Estate 1 Listing

Medford, New York: A Premier Destination for Commercial Real Estate

Introduction

Medford, New York, strategically positioned in Suffolk County on Long Island, offers a compelling landscape for commercial real estate investment. With its advantageous location, diverse economy, and burgeoning industry clusters, Medford is a prime destination for office, industrial, and retail properties. The city's commercial real estate appeal is driven by its connectivity to major markets, a robust local economy, and supportive business environment.

Economic and Industry Overview

Medford's economic landscape is characterized by a mix of industries, including logistics, manufacturing, and retail. The industrial sector benefits from Medford's proximity to key transportation routes, fueling demand for warehouse and distribution facilities. The presence of regional economic development initiatives, such as those spearheaded by the Suffolk County Economic Development, enhances the city's attractiveness to businesses seeking growth opportunities.

Strategic Location and Transportation Infrastructure

Medford is strategically located with access to major highways, including the Long Island Expressway (I-495), which connects it to New York City and other significant markets. The city is also serviced by the Long Island Rail Road, facilitating commuter and freight transport. Medford's proximity to Long Island MacArthur Airport further enhances its logistical advantages, providing an edge for distribution and access to labor pools. For more information, visit the New York State Department of Transportation.

Commercial Real Estate Inventory & Zoning

Medford features diverse commercial real estate submarkets, including industrial corridors and retail centers. Key asset classes in the region encompass industrial, retail, office, and medical properties. Recent zoning changes have introduced incentives for developers, promoting mixed-use and commercial developments. Detailed zoning maps and parcel information can be accessed via the Town of Brookhaven Zoning Map.

Major Employers and Institutions

The presence of significant employers like Brookhaven National Laboratory and various retail chains drives commercial real estate demand in Medford. Additionally, the Stony Brook University campus nearby contributes to a skilled workforce and innovation, attracting businesses and research institutions. Explore more about local businesses through the Brookhaven Business Directory.

Notable Commercial Developments & Projects

Medford is witnessing several large-scale commercial developments, including mixed-use projects and innovation parks. The city also benefits from Opportunity Zones, which provide tax incentives for investment in designated areas. More details about ongoing projects can be found at the Brookhaven Planning Department.

Building Permits, Planning, and Development Tools

For those interested in developing in Medford, the city's Building and Safety Department, Permitting Portal, and GIS Parcel Map Viewer provide essential resources. Investors can also consult the Brookhaven Planning Commission and review the Development Code.

Market Data & Economic Reports

Public data sets from census.gov and the city's open data portal offer insights into economic trends. Brevitas leverages AI-powered aggregation of public data and internal insights to provide comprehensive market data. Explore Brevitas-powered dashboards for Medford to uncover investment opportunities (link to internal Brevitas city search if applicable).

Why Use Brevitas for Medford, New York CRE?

Brevitas offers an advanced platform for CRE professionals, featuring AI-driven discovery, real-time market alerts, and smart property pages. Our tools include: