Industrial Property with Outside
A-196 Jagger Ln Southampton, NY 11968
A-196 Jagger Ln, Southampton, NY, 11968
$4,500,000
Pending
For Sale
$4,500,000
Pending
Versatile industrial property with outside storage in prime location.
Property Size10,000 SF
Lot Size4.17 Acres
Days on Market368
Property Features for A-196 Jagger Ln
General Information
- Standard status
- Pending
- Size
- 10,000 SF
- Lot size
- 4.17 Acres
Listing Agency
First Hampton Int'l Realty LLC
(631) 872-0280
Listed by
Lawrence Citarelli
(631) 872-0280
Source
Exprealty
Added: Jul 16, 2025 Checked: Jul 17 at 6:06 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Hampton Int'l Realty LLC
Investment Insights
Based on property information with market context.
This industrial property, situated in Speonk, offers two buildings with over 10,000 square feet of space on 4.17 acres. Approved for outside storage, the site is suitable for various commercial uses, including contractors, logistics, or service-based operations. The property benefits from a cell tower land lease and is located just north of Montauk Highway, minutes from Sunrise Highway, providing convenient access to the Hamptons, Long Island, and major transportation routes. Municipal water is available, in addition to well water. The property presents an opportunity for business expansion or investment in a growing commercial area. The existing tenancy has offered $1,150,000 if the new buyer wishes to pursue that.
Key Highlights
- Large 4.17‑acre industrial property with approved outside storage.
- Two buildings (10,000 sq ft +) suitable for office/shop use.
- Prime Speonk location, just north of Montauk Highway, with easy access to Sunrise Highway, the Hamptons, Long Island, and major transportation routes.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.0k | $21.60 |
| − Vacancy | −$13.2k | −$1.32 |
| EGI | $202.8k | $20.28 |
| − OpEx | −$60.8k | −$6.08 |
| NOI | $142.0k | $14.20 |
10,000 SF · lease $21.60/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.03M
$1.77M – $2.37M
NOI $141,977 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.05M
$2.67M – $3.55M
NOI $213,252 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - Versatile industrial property with outside storage in prime location.
Where is this industrial property located?
The property is located at A-196 Jagger Ln Southampton, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Large 4.17‑acre industrial property with approved outside storage.; Two buildings (10,000 sq ft +) suitable for office/shop use.; Prime Speonk location, just north of Montauk Highway, with easy access to Sunrise Highway, the Hamptons, Long Island, and major transportation routes.
