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28 Cameron St Southampton, NY 11968

Retail space Google Maps
1,600 SF 0.25 ac lot Built 1990
Individually Owned 15-yr Hold Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US63-0885517

Property summary

AI-generated overview

This exceptional 2,640 square foot office building is ideally situated in Southampton's central village, just off Main Street. Its prime location within the Village Business zone offers significant flexibility, making it suitable for a variety of uses, including office space and retail. The property boasts ample off-street parking, a significant advantage in this desirable area. The main building offers 2,640 square feet of above-ground space, complemented by a 1,600 square foot unfinished basement featuring high ceilings, presenting considerable potential for expansion or additional storage. Adding to its functionality is a detached 624 square foot two-bay garage, perfect for storage or additional workspace. The building is equipped with natural gas for heating and a generator, ensuring reliable utility service. Climate control is provided by a central air conditioning system with two zones, allowing for customized temperature settings. This property represents a unique opportunity to acquire a versatile commercial space in a highly sought-after location. The combination of size, location, and amenities makes this an attractive investment for discerning buyers. The property is offered at $2,750,000. The 0.25-acre lot provides ample space for outdoor activities or future development.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 1,600 SF
Lot 0.25 ac (10,890 SF)
Zoning code VILLA
APN 0904-006.00-05.00-008.000
UPID US63-0885517

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2010
1 recorded transaction
2010
$1.2M

Zoning & alternative use

VILLA · Southampton, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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