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    271 Merritt Ave Wheatley Heights, NY 11798

    For Lease
    $5 SF/Yr

    3.7-Acre Industrial Lot, Single Tenant

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.7-acre industrial land parcel presents a unique opportunity for businesses seeking a strategic location in Suffolk County, New York. Situated at 271 Merritt Ave in Wheatley Heights, this single-tenant property offers significant potential for development or expansion. The expansive lot size provides ample space for various industrial uses, allowing for flexibility in design and construction. The property's classification as industrial land ensures compatibility with a wide range of industrial operations. Located in Wyandanch, NY, with a zip code of 11798, this site benefits from convenient access to major transportation arteries, facilitating efficient logistics and distribution. The property is currently available for lease, presenting a compelling investment prospect for companies looking to establish or expand their operations in a thriving industrial area. The single-tenant nature of the property offers simplicity and control, making it an attractive option for businesses seeking a dedicated space. Detailed site plans and zoning information are readily available upon request. This prime industrial land offers a rare combination of size, location, and accessibility, making it an ideal choice for discerning businesses seeking a strategic foothold in the dynamic Suffolk County market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 271 Merritt Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF
    Total Rate
    0.42

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF
    Rate per SF
    $5

    HighLights

    • 3.7‑acre industrial land parcel in Wheatley Heights, Suffolk County, NY.
    • Fully fenced lot with crushed stone base.
    • Lease terms are negotiable; joint ventures or redevelopment considered.
    • Existing rail access.
    • Available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheatley Heights
    County
    Suffolk
    State
    New York
    Longitude
    -73.3642842
    Latitude
    40.7540333

    Nearby Comparable

    • $276 SF/Yr
      980 SF

      Wheatley Heights Office Suites Available

      Three modern offices, 190-600 sq ft.
      313 Merritt Ave, Wheatley Heights, NY 11798
      View Details
    • Contact for pricing
      38,848 SF

      Wyandanch Retail Center - For Lease

      Prime Retail Space, Suffolk County, NY
      10-40 Sta Dr, Wyandanch, NY 11798
      View Details
    • $3,600 /Mo

      Clean Three-Bedroom Apartment for Rent

      Clean, three-bedroom apartment in a two-family building.
      148 N 22Nd St, Wyandanch, NY 11798
      View Details
    • Contact for pricing
      1,501 SF

      Retail Space in Transit-Oriented Development

      Retail space available in a 40-acre transit-oriented development.
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      View Details
    • $16 SF/Yr
      7,000 SF

      Industrial Space Available in 2025

      Industrial space available for rent in Deer Park, NY.
      561 Acorn St, Deer Park, NY 11729
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      3,000 SF

      Industrial Space Near LIRR

      Industrial space with office, drive-in door, and parking.
      565 Acorn St, Deer Park, NY 11729
      View Details

    Nearby Similar for Lease

    • Contact for pricing
      38,848 SF

      Wyandanch Retail Center - For Lease

      Prime Retail Space, Suffolk County, NY
      10-40 Sta Dr, Wyandanch, NY 11798
      View Details
    • Contact for pricing
      1,501 SF

      Retail Space in Transit-Oriented Development

      Retail space available in a 40-acre transit-oriented development.
      10 Sta Dr, Wyandanch, NY
      View Details
    • $276 SF/Yr
      980 SF

      Wheatley Heights Office Suites Available

      Three modern offices, 190-600 sq ft.
      313 Merritt Ave, Wheatley Heights, NY 11798
      View Details
    • $3,600 /Mo

      Clean Three-Bedroom Apartment for Rent

      Clean, three-bedroom apartment in a two-family building.
      148 N 22Nd St, Wyandanch, NY 11798
      View Details

    FAQs

    What type of property is this?
    Land - 3.7-Acre Industrial Lot, Single Tenant
    Where is this land located?
    The property is located at 271 Merritt Ave Wheatley Heights, NY.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 3.7-acre industrial land parcel in Wheatley Heights, Suffolk County, NY.; Fully fenced lot with crushed stone base.; Lease terms are negotiable; joint ventures or redevelopment considered.
    Request Owner's contact information
    271 Merritt Ave Wheatley Heights, NY 11798
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    Wheatley Heights, NY 11798
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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
    271 Merritt Ave Wheatley Heights, NY 11798
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