92 Clay Street
About This Property
Prime opportunity in the heart of LaBelle! This beautifully maintained 0.6-acre lot is fully fenced and gated, offering privacy, security, and curb appeal. Zoned B2 Business, the property is ideal for a variety of commercial uses-perfect for entrepreneurs, investors, or developers looking to establish a business in a growing area.
The lot features a driveway culvert and entrance already installed, saving you time and money as you start your project. Scattered throughout the property are multiple majestic oak trees, providing natural shade and adding to the charm and character of the space.
Located within city limits with easy access to main roads, utilities, and nearby amenities, this lot combines functionality with beauty. Whether you're planning retail, office space, or another commercial venture, this is a standout location with plenty of potential.
Don't miss this rare chance to secure a versatile and visually stunning lot in LaBelle's business district!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by Southern Heritage Real Estate | $119,999 | |
| Listed by Southern Heritage Real Estate | |||
| Mar 28, 2021 | No longer available | - | |
| No longer available | |||
| Mar 13, 2021 | Price Decreased |
$89,900
↓ $10K
(10%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017