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    Watermill, NY
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    Watermill, NY Commercial Land for Sale

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    Commercial Land with Approved Plans
    Updated: Jul 8
    Commercial Land with Approved Plans

    Watermill, NY 11976

    $4,500,000
    0.96 AC lot
    0.96‑acre commercial land parcel at 1004 Montauk Highway
    Approved plans for a 6,300‑square‑foot, 2‑story medical office building
    Plans include a 3,000‑square‑foot lower level for storage
    Proposed improvements include an elevator and 41 parking spaces
    Five ADA restrooms included in the approved building plans
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Watermill, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial/Industrial Zoned Industrial Land
    Commercial/Industrial Zoned Industrial Land

    21 Goodfriend Drive, East Hampton, NY 11937

    $2,500,000
    0.92 AC lot

    Commercial/Industrial zoning offers flexibility for storage, contractor, studio, and related commercial uses, subject to parking requirements.

    View details
    Commercial Land
    Commercial Land

    110 E Montauk Highway, Hampton Bays, NY 11946

    $1,100,000
    0.81 AC lot

    HC-zoned parcel with public water service on the south side of Montauk Highway.

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    East Hampton Land Parcel
    East Hampton Land Parcel

    550 / 549 Wainscott NW Road, East Hampton, NY 11975

    $4,350,000
    11.80 AC lot

    11.8-acre parcel in East Hampton, ideal for investors/developers.

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    Medical Office Development Land
    Medical Office Development Land

    130 East Montauk Highway, Hampton Bays, NY 11946

    Contact for pricing

    One-acre commercial land with pre-approved plans for two medical office buildings and a 30-space parking lot.

    View details

    Watermill, NY Commercial Land Market Trends and Statistics

    Explore 1 commercial land for sale in Watermill, NY on our real estate platform. These investment opportunities span a total of 41,818 square feet of properties for sale, with an estimated market value of $4,500,000.

    Sale prices for commercial lots in Watermill, NY average $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 7
    Agricultural land / Farmland 3
    Commercial land 1
    Waterfront Land 1

    Demographics Overview

    Population 2,447
    Population Growth (5Y) +22.6%
    Median Household Income $158,000

    High-Yield Neighborhoods for Investment

    Identify Watermill submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Water Mill - 11976 $4.5M

    Listings Trend

    New vs delisted commercial listings in Suffolk County

    New Delisted

    Total CRE Inventory on Market (SF)

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