Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    V/L Versa Pl Shirley, NY 11967

    Sponsored
    For Sale
    $699,000

    Vacant Land - Shirley, NY

    Lot size:
    0.50 Acres
    Days on Market:
    133
    Last Refresh:
    Feb 20 at 12:06 am

    Property Features for V/L Versa Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0200-851-00-05-00-019-000
    Parking features
    Garage
    Lot size
    0.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gina A. Galante

    Realty Connect USA LLC (877) 647-1092

    Listing agent Gina Galante (631) 881-5160

    Listing date Oct 11, 2025

    MLS# 11567288 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Land Near Montauk Highway

    This vacant commercial lot, zoned J6, presents a prime development opportunity. Measuring 109 x 200, it is ideally located just one building south of Montauk Highway, offering excellent exposure. Situated just east of William Floyd Parkway, the lot is surrounded by shopping centers, banks, stores, and restaurants, ensuring high visibility and steady traffic. The property is fully approved for the construction of a 6000 sq ft two-story retail/office building with an elevator, and all plans and approvals are included in the sale. Neighboring a bank and located across the street from a thriving shopping center, this site offers an exceptional investment or end-user opportunity. The location is particularly well-suited for a medical office, backing onto a CVS parking lot. The property is located in Shirley, NY 11967, Suffolk County and has a lot size of 0.5 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Shirley
    County
    Suffolk
    State
    New York
    Longitude
    -72.8753
    Latitude
    40.7965

    Nearby Similar for Sale

    • $650,000
      1,400 SF

      Shirley Farmhouse on Wooded Acreage

      Charming farmhouse on 1.14 acres near Southaven Park.
      15 Beatrice Dr, Shirley, NY 11967
      View Details
    • Contact for pricing
      1,607 SF

      Leased Gas Station Investment Opportunity

      Fully leased gas station with long-term tenant in Shirley, NY.
      741 Montauk Hwy, Shirley, NY 11967
      View Details
    • $1,800,000

      Highly Visible Commercial Building For Sale

      6,488 SF commercial building suitable for medical, retail, office use.
      910 Montauk Hwy, Shirley, NY 11967
      View Details
    • Contact for pricing
      10,500 SF

      NNN Walgreens on Montauk Highway

      NNN Walgreens with 13 years remaining on initial lease.
      863 Montauk Hwy, Shirley, NY 11967
      View Details
    • $1,305,000
      6,000 SF

      Medical Office Building For Sale

      Medical office building for sale or lease, delivered vacant.
      20 Grand Ave, Shirley, NY 11967
      View Details
    • Contact for pricing
      24,715 SF

      Retail Plaza with National Tenants

      24,715 SF retail plaza with high NOI and traffic.
      37 Surrey Cir, Shirley, NY 11967
      View Details
    • Contact for pricing
      15,000 SF

      Retail Property on William Floyd

      15,000 SF retail building on 0.95 acre lot.
      44 Surrey Cir, Shirley, NY 11967
      View Details
    • Contact for pricing
      2,800 SF

      Retail Strip Center For Sale

      2,800 SF retail strip center on William Floyd Pkwy.
      458 William Floyd Pkwy, Shirley, NY 11967
      View Details
    • $985,000
      1,780 SF

      Retail Property on William Floyd

      Retail property available for sale in Shirley, New York.
      440 William Floyd Pkwy, Shirley, NY 11967
      View Details
    • $175,000

      Profitable Mobile Party Rental Business

      Turnkey mobile party rental business with equipment and expansion potential.
      Shirley, NY 11967
      View Details
    • $115,000

      Turnkey Party Rental Business

      Established party rental business for sale in Shirley, NY.
      Shirley, NY 11967
      View Details
    • $2,000,000
      6,488 SF

      Shirley Retail Center - Prime Location

      High-Visibility Retail Building, Excellent Lease Potential
      910 Montauk Hwy, Shirley, NY 11967
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot near Montauk Hwy, Shirley, NY.
    Where is this commercial land located?
    The property is located at V/L Versa Pl Shirley, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Fully approved to build a 6000 sq ft 2-story retail/office building with elevator; all plans and approvals included in sale.; - Prime commercial lot zoned J6, measuring 109 x 200, offering excellent exposure.; - Ideally located just 1 building south of Montauk Hwy and just east of William Floyd Pkwy.
    (631) 767-1237
    Request Owner's contact information
    V/L Versa Pl Shirley, NY 11967
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    V/L Versa Pl
    Shirley, NY 11967
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    V/L Versa Pl Shirley, NY 11967
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gina A. Galante
    (631) 767-1237 (877) 647-1092 (631) 881-5160
    Learn more
    Google sign-in failed. Please try again or use another login method.