Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

271 Merritt Ave Wheatley Heights, NY 11798

FOR SALE
Distribution centers
Property ID
US63-3218660
18,870 SF 3.45 ac lot
Last sale Jan 2023 · $6,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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271 Merritt Ave, Wheatley Heights, NY 11798 For Sale
Contact for pricing 18,870 SF
271 Merritt Ave, Wheatley Heights, NY 11798
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Property summary

AI-generated overview

This exceptional 3.7-acre industrial land parcel presents a unique opportunity for businesses seeking a strategic location in Suffolk County, New York. Situated at 271 Merritt Ave in Wheatley Heights, this single-tenant property offers significant potential for development or expansion. The expansive lot size provides ample space for various industrial uses, allowing for flexibility in design and construction. The property's classification as industrial land ensures compatibility with a wide…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$18k
Assessed land$9k
Assessed improvement$9k

Value estimate

· Nov 2026
$5.91M
$5.31M – $6.50M
AI approach$6.78M
CAP approach$4.45M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$213/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$155 – $305
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
G
JurisdictionSUFFOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.7
Law Firm23.2
Dental Office19.1

Location

271 Merritt Ave Wheatley Heights, NY 11798
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 5 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
309 Merritt, Wheatley Heights, NY 11798-2337 $5,597,000 Jul 2024 No data
8 18th, Wyandanch, NY 11798 $900,000 May 2022 2,790 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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