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    Property profile & analytics
    OFF-MARKET Estimated value $1,650,000
    Showrooms

    54 Industrial Rd, Wainscott, NY 11975-2001

    1.8 ac lot
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-1388320
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 6,000-square-foot industrial warehouse situated on a 1.837-acre lot in Wainscott, NY. Located at 54 Industrial Rd, this Class B property, built in 1950, offers a unique blend of office and warehouse space. The existing structure comprises 2,400 square feet of office space and 3,600 square feet of high-ceiling warehouse space, accessible via roll-up doors. The property's prime location within East Hampton Town's main industrial corridor, just south of East Hampton Airport, provides excellent access and visibility. The substantial lot size presents significant expansion potential, with approvals potentially allowing for the construction of a 39,000+ square-foot self-storage facility. This versatile property is ideal for owner-operators or investors seeking a strong return. The surrounding area includes established businesses such as Local TV Inc., Cedar Design, and East End Excavating Corp., among others, indicating a thriving commercial environment. The asking price is $6,250,000. This is a rare opportunity to acquire a well-located industrial property in the highly desirable East Hampton area. The property includes a mix of outdoor and indoor storage space, making it suitable for a variety of uses.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Lot 1.8 ac (78,408 SF)
    APN 0300-192.00-03.00-039.000
    UPID US63-1388320
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hampton Yards Landscaping General Contractor
    • Number 1 Portable Restrooms Building Supply
    • Mapeasy Inc Publishing House
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.78M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.65M
    Owner & transaction history
    54 Industrial Road Owner · 4 yrs held
    54 Industrial Road Owner
    since 2022
    Last sale
    $1.7M
    1 recorded transaction
    2022
    $1.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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