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Property profile

103 County Road 39 Southampton, NY 11968

OFF-MARKET
Retail properties & Spaces
15,000 SF 2.49 ac lot

Property summary

AI-generated overview

This exceptional Southampton, NY property, located at 103 County Rd 39, offers a unique investment opportunity. The 2.49-acre lot is zoned for office use and boasts ample parking with 84 spaces. The existing building is 15,000 square feet, suitable for executive or medical office use, currently priced at $4,995,000 ($333/SF). Development plans include two proposed buildings: Building #1 (6,475 SF, 3,465 SF first floor and 3,010 SF second floor) and Building #2 (6,621 SF, 3,650 SF first floor and 2,971 SF second floor). A proposed 1,904 SF lobby atrium (952 SF per floor) is also included in the plans. The property allows for a maximum 30% lot coverage and a maximum building height of 35 feet. This prime location in Suffolk County, NY (zip code 11968) presents a compelling opportunity for investors seeking a high-return medical or executive office space. The property's size, parking availability, and zoning make it an ideal location for a variety of uses. Detailed plans for the proposed buildings are available upon request. This is a rare opportunity to acquire a substantial property in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 15,000 SF
Lot 2.49 ac (108,464 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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