Your AI Navigator in Commercial Real Estate
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

    115 Baylis Rd Melville, NY 11747

    For Sale
    $7,995,000

    Prime 3.72-acre industrial site in Melville, NY.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.72-acre industrial development site is located at 115 Baylis Road, Melville, New York, 11747. Zoned for light industrial use, this mostly cleared and level parcel presents a significant opportunity for developers. The property's strategic location offers convenient access to major transportation arteries, being less than a mile from the Long Island Expressway (LIE). Preliminary assessments suggest the potential for constructing approximately 49,000 square feet of building space. A sewer line is conveniently located within approximately 500 feet of the property, simplifying infrastructure connections. Furthermore, the possibility of securing a tax abatement for new construction adds considerable value to this already attractive investment. This prime location, combined with the potential for substantial development and the possibility of tax incentives, makes this 3.72-acre site an exceptional opportunity for industrial development in the thriving Melville market. The asking price for this exceptional property is $7,995,000.

    Property Features for 115 Baylis Rd

    General Information

    Property type
    Land
    Lot Size
    162,043 SF

    HighLights

    • 3.72‑acre industrial development site in Melville, NY.
    • Zoned for light industrial use, mostly cleared and level.
    • Less than one mile from the Long Island Expressway (LIE).
    • Potential for approximately 49,000 square feet of building space.
    • Sewer line within 500 feet.
    • Potential for tax abatement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melville
    County
    Suffolk
    State
    New York
    Longitude
    -73.4120563
    Latitude
    40.7693145

    Nearby Similar for Sale

    • $1,299,000
      3,200 SF

      Elegant Villa with Finished Basement

      Viscaya villa in The Greens with a full finished basement.
      262 Altessa Blvd, Melville, NY 11747
      View Details
    • $629,888

      Bright Corner Unit Condo

      Premier 55+ gated community with resort-style living and amenities.
      1126 Savoy Dr, Melville, NY 11747
      View Details
    • $3,379,000
      1,500 SF

      Melville Retail and Gas Station

      Gas station with property on a busy prime location.
      475 Walt Whitman Rd Rd, Melville, NY 11747
      View Details
    • $88,000

      Established Auto Repair Shop For Sale

      Operating auto repair shop with equipment and lease in place.
      703 Walt Whitman Rd, Melville, NY 11747
      View Details
    • $1,525,000

      Melville Residential Property For Sale

      Residential property in Melville, New York, subject to offering plan.
      382 Altessa Blvd, Melville, NY 11747
      View Details
    • Contact for pricing
      6,150 SF

      Melville Office Space Available

      Office space with shared amenities in Melville, New York.
      707 Walt Whitman Rd, Melville, NY 11747
      View Details

    FAQs

    What type of property is this?
    Land - Prime 3.72-acre industrial site in Melville, NY.
    Where is this land located?
    The property is located at 115 Baylis Rd Melville, NY.
    What is the asking price?
    The asking price for this property is $7,995,000.
    What are key features of this property?
    This property features: 3.72-acre industrial development site in Melville, NY.; Zoned for light industrial use, mostly cleared and level.; Less than one mile from the Long Island Expressway (LIE).
    Request Owner's contact information
    115 Baylis Rd Melville, NY 11747
    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.
    115 Baylis Rd
    Melville, NY 11747
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    115 Baylis Rd Melville, NY 11747
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.