Property profile

0 Meadow Rd Calverton, NY 11933

OFF-MARKET
Land
22.3 ac lot
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Property summary

AI-generated overview

This exceptional 22.3-acre property in Calverton, New York, presents a unique investment opportunity. Located on Meadow Rd, Riverhead, Suffolk County, NY 11933, this vacant land boasts 1,000 feet of road frontage. The lot is cleared and level, making it perfectly suited for a variety of agricultural uses. Potential applications include equestrian facilities, farming operations, nurseries, or vineyards – all ideal uses for this versatile land. The property's location within an Opportunity Zone adds significant tax advantages. The annual real estate tax is $7,000. The asking price for this prime agricultural land is $2,725,000. This is a motivated seller situation, presenting a compelling opportunity for investors seeking a profitable venture in a desirable location. The property's size and features make it an attractive prospect for various agricultural and related businesses. Don't miss this chance to acquire this exceptional piece of farmland.

Property profile

Verified
Property type Land
Lot 22.3 ac (971,388 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Meadow Rd Calverton, NY 11933
Calverton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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