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    OFF-MARKET
    Commercial real estate

    80 Clay Pit Rd, Sag Harbor, NY 11963

    1.77 ac lot
    Property ID
    US63-2614759
    Property summary
    AI-generated overview

    This exceptional 3.75-acre property in Sag Harbor, NY, presents a unique investment opportunity. Comprising two adjoining parcels at 80 and 92 Clay Pit Road, this land offers a blend of commercial, industrial, and residential zoning (CR200, 100% permitted). One parcel (1.975 acres) is vacant residential land, while the other (1.773 acres) currently houses a 1,900 square foot commercial building and extensive outdoor storage, reflecting a grandfathered industrial use. The property's strategic location, less than two miles from Sag Harbor Village's Long Wharf, combines proximity to prime industrial properties with the allure of neighboring multi-million dollar estates. This presents a diverse range of potential uses, including continuing existing operations, pursuing rezoning for expanded industrial applications, or redeveloping into single-family estates. The parcels boast significant depth (approximately 815ft and 740ft respectively) and a consistent width of approximately 115ft. The asking price is $3,895,000. APN numbers are 0900-025.00-01.00-024.000 and 0900-025.00-01.00-025.000. This property offers significant flexibility and high potential return on investment in a highly desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.77 ac (77,101 SF)
    APN 0900-025.00-01.00-024.000; 0900-025.00-01.00-025.000
    UPID US63-2614759
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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