Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Buildable Acre in Shirley, NY Title is generated by Realmo AI

    Lot Avondale Drive, Shirley, NY 11967

    View on Map
    Claim this Listing
    Pending
    $240,000

    LAND - Shirley, NY

    Lot size:
    0.50 Acres
    Added:
    Oct 17, 2025
    Days on Market:
    210
    Last Refresh:
    May 14 at 7:06 pm

    Property Features for Lot Avondale Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Chain Link
    Standard status
    Pending
    APN
    0200-643-00-03-00-015-002
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    875

    We can help!

    Listing Contact
    Kim M. Canavan CBR GRI SRS
    Kim M. Canavan CBR GRI SRS

    Listing agent Kim M. Canavan CBR GRI SRS License #10491208881

    Listing office EXP Realty 150 Motor Pkwy Ste 401, Hauppauge, NY

    Listing date Oct 17, 2025

    MLS# 925936 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Buildable 1/2 acre flat lot.
    • Proper approvals in place.
    • Building permits included.
    • Partially cleared land.
    • Level lot.
    • Chain link fencing.

    Overview

    This property features a flat, half-acre of buildable land. The site is partially cleared and requires proper approvals and building permits for construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Shirley
    County
    Suffolk
    State
    New York
    Longitude
    -72.878371
    Latitude
    40.833007

    Nearby Similar for Sale

    • $599,000
      1,400 SF

      Shirley Farmhouse on Wooded Acreage

      Charming farmhouse on 1.14 acres near Southaven Park.
      15 Beatrice Drive, Shirley, NY 11967
      View Details
    • $7,100,000
      10,000 SF

      Retail Building on Montauk Highway

      Mint 10,000+ Sqft retail building with national tenant.
      863 Montauk Hwy, Shirley, NY 11967
      View Details
    • $699,000

      Commercial Land Near Montauk Highway

      Vacant commercial lot near Montauk Hwy, Shirley, NY.
      V/L Versa Place, Shirley, NY 11967
      View Details
    • $1,800,000
      6,488 SF

      Commercial Building For Sale

      6,488 Sq Ft commercial building suitable for various uses.
      910 Montauk Highway, Shirley, NY 11967
      View Details
    • $699,000

      Commercial Land Near Montauk Highway

      Prime commercial lot near shopping, zoned J6, approved for building.
      V/L Versa Place, Shirley, NY 11967
      View Details
    • $159,000
      2,300 SF

      Established Pizzeria Business For Sale

      Established pizzeria business for sale in high-traffic area.
      44 Surrey Circle D, Shirley, NY 11967
      View Details
    • $985,000
      1,780 SF

      Retail Property on William Floyd

      Retail property available for sale in Shirley, New York.
      440 William Floyd Pkwy, Shirley, NY
      View Details
    • $135,000

      Vacant Land in Shirley, NY

      Three contiguous land lots zoned J2, offering versatile development potential.
      Vacant Land Mastic Road, Shirley, NY 11967
      View Details
    • $239,000

      Residential Lot Near Fire Island

      0.51-acre residential lot near Fire Island National Seashore.
      181 William Floyd Parkway, Shirley, NY 11967
      View Details
    • $1,190,000
      6,000 SF

      Medical Office Building For Sale

      Medical office building for sale or lease, delivered vacant.
      20 Grand Ave, Shirley, NY
      View Details
    • $150,000

      Vacant Lot in Growing Community

      Vacant lot in Shirley, NY, perfect for building your dream home.
      33 Ranch Drive, Shirley, NY 11967
      View Details
    • $7,999,999
      10,500 SF

      NNN Walgreens on Montauk Highway

      NNN Walgreens with 13 years remaining on initial lease.
      863 Montauk Hwy, Shirley, NY
      View Details

    FAQs

    What type of property is this?
    Commercial land - Half-acre of flat, partially cleared land available in Shirley.
    Where is this commercial land located?
    The property is located at Lot Avondale Drive Shirley, NY.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Buildable 1/2 acre flat lot.; Proper approvals in place.; Building permits included.
    (631) 926-7909
    We can help!
    Listing Contact
    Kim M. Canavan CBR GRI SRS
    Kim M. Canavan CBR GRI SRS
    Real Estate License ID: 10491208881
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Lot Avondale Drive, Shirley, NY 11967
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!