Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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