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Commercial Land with Approved Plans
For Sale
$4,500,000

1004 Montauk Highway, Watermill, NY 11976

Land, Water Mill, NY

Property Size9,300 SF
Lot Size0.96 Acres
Price / SF$483.87
Days on Market55

Property Features for 1004 Montauk Highway

General Information

Property type Land
Property subtype Other
High school district Southampton
Standard status Active
APN 0900-102.000-0001-020.004
Lot size 0.96 Acres

Utilities

Sewer type Septic Tank
Water source Public
Listing Agency: Saunders & Associates
Listed By: Lee V. Minetree · License #10301201975
Added: Jul 8 Changed: Aug 19 Last Checked: Aug 31 at 7:06PM
MLS# 11874724

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.

Investment Insights

Based on property information with market context.

This 0.96-acre commercial land parcel at 1004 Montauk Highway is offered with approved plans for a two-story medical office building totaling 6,300 square feet. The proposed design includes a 3,000-square-foot lower level for storage, an elevator, 41 parking spaces, and five ADA restrooms. Public water and a septic tank are identified for the property.

The site is in Water Mill, between Bridgehampton and Southampton, with proximity to Jitney and LIRR stops. The planned improvements provide a defined framework for medical office use while retaining the property’s land-based development status.

Key Highlights

  • 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

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Storage Facility Furniture & Home Goods Pharmacy Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 11976, NY

2,764
Population
2,550
Households
1.1
Avg Household Size
50
Median Age
77%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
213
Density / Sq Mi
$158,000
Median Household Income
$64,643
Median Earnings
$3,200
Median Rent
$2,000,001
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Approved plans support a medical office development with lower-level storage and on-site parking.
Where is this commercial land located?
The property is located at 1004 Montauk Highway Watermill, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 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
More about this property
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