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    1426 Sea Rd Southampton, NY 11968

    Sponsored
    For Sale
    $5,250,000

    Profitable Hamptons Office, 22,966 SF

    Property size:
    22,966 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Southampton, NY office building, located at 1426 North Sea Road, presents a unique investment opportunity. The 22,966 square foot property sits on a half-acre lot in a high-traffic area of the Hamptons, offering significant visibility and accessibility. Currently configured as a successful auto repair shop since 1982, the building boasts a 5,000+ square foot facility with six drive-in bays (three with 10' garage doors, one with 12', and two with 14' garage doors), each equipped with lifts. Additional features include a customer service lobby with waiting area, service counter, and powder room

    Property Features for 1426 Sea Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    22,966 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Joe's Garage Inc Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southampton
    County
    36103
    State
    New York
    Longitude
    -72.412366
    Latitude
    40.9233388

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    FAQs

    What type of property is this?
    Office Property / Space - Profitable Hamptons Office, 22,966 SF
    Where is this office property / space located?
    The property is located at 1426 Sea Rd Southampton, NY.
    What is the asking price?
    The asking price for this property is $5,250,000.
    Request Owner's contact information
    1426 Sea Rd Southampton, NY 11968
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    Southampton, NY 11968
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    Realmo Value Estimation

    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.

    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.

    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
    1426 Sea Rd Southampton, NY 11968
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