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    1029 Montauk Hwy Shirley, NY 11967

    Sponsored
    For Sale
    $65,000

    Established Business Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity presents a unique investment prospect in the thriving Shirley, NY market. Priced at $65,000, this property offers 0 square feet and is categorized as special purpose land. The current use is a well-established barbershop, benefitting from its prime location on Montauk Highway at 1029. The address is 11967, Shirley, Suffolk County, New York. The property boasts ample parking, a significant advantage for attracting and retaining customers. Its strategic placement within a bustling commercial area ensures high visibility and consistent foot traffic, contributing to a strong income stream for the existing business. The property's location is further enhanced by its proximity to various other businesses, creating a synergistic environment that drives customer volume. This presents a rare chance to acquire a well-positioned commercial property with proven income potential, ideal for either continuing the existing barbershop operation or developing alternative commercial ventures. The property's latitude and longitude coordinates are 40.8030645 and -72.8588635 respectively. This is a turnkey opportunity for an astute investor seeking a profitable venture in a high-traffic area. The sale includes only the business

    Property Features for 1029 Montauk Hwy

    General Information

    Property type
    Land

    HighLights

    • $65,000 asking price for special purpose land in Shirley, NY.
    • 0 square feet of land, currently operating as a barbershop.
    • Located at 1029 Montauk Highway, 11967 Shirley, Suffolk County, NY.
    • Ample parking available.
    • High visibility and foot traffic due to prime commercial location.
    • Turnkey opportunity with proven income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Shirley
    County
    Suffolk
    State
    New York
    Longitude
    -72.8588635
    Latitude
    40.8030645

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    FAQs

    What type of property is this?
    Land - Established Business Location, High Traffic
    Where is this land located?
    The property is located at 1029 Montauk Hwy Shirley, NY.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: $65,000 asking price for special purpose land in Shirley, NY.; 0 square feet of land, currently operating as a barbershop.; Located at 1029 Montauk Highway, 11967 Shirley, Suffolk County, NY.
    Request Owner's contact information
    1029 Montauk Hwy Shirley, NY 11967
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    Shirley, NY 11967
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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
    1029 Montauk Hwy Shirley, NY 11967
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