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    Scott Ave & Burman Blvd Riverhead, NY 11933

    Sponsored
    For Sale
    Contact for pricing

    26.6 acres, divisible parcels, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 26.6-acre commercial land parcel presents a unique investment opportunity in Calverton, New York. Located at the intersection of Scott Avenue and Burman Boulevard Northwest Corner, this property offers unparalleled potential for various commercial developments. The site is conveniently situated within Enterprise Park (EPCAL) and boasts easy access to a Long Island Railroad spur, ensuring seamless transportation and logistics. The property is divisible, with potential parcels of 5.2 acres, 6 acres, 7.1 acres, and 8.3 acres available for individual purchase. Each parcel is priced at $750,000 per acre, reflecting the prime location and development potential. The expansive acreage provides ample space for a wide range of commercial ventures, from industrial facilities to retail spaces, making it an attractive proposition for both established businesses and ambitious entrepreneurs. Situated in Suffolk County, with a 11933 zip code, this property offers a strategic location within a growing commercial hub. The precise coordinates are 40.9164671 latitude and -72.7937683 longitude. This is a rare opportunity to acquire a significant land holding in a desirable location with excellent infrastructure and accessibility. Don't miss this chance to secure your stake in this thriving commercial area.

    Property Features for 0 Scott Ave & Burman Blvd

    General Information

    Property type
    Land
    Lot Size
    1,158,696 SF

    HighLights

    • 26.6‑acre commercial land parcel in Calverton, NY's Enterprise Park (EPCAL).
    • Divisible into 5.2, 6, 7.1, and 8.3‑acre parcels.
    • $750,000 per acre for each divisible parcel.
    • Convenient access to Long Island Railroad spur.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.7937683
    Latitude
    40.9164671

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    FAQs

    What type of property is this?
    Land - 26.6 acres, divisible parcels, excellent access.
    Where is this land located?
    The property is located at Scott Ave & Burman Blvd Riverhead, NY.
    What are key features of this property?
    This property features: 26.6-acre commercial land parcel in Calverton, NY's Enterprise Park (EPCAL).; Divisible into 5.2, 6, 7.1, and 8.3-acre parcels.; $750,000 per acre for each divisible parcel.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Scott Ave & Burman Blvd Riverhead, NY 11933
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