Property profile

1001 Scott Ave Calverton, NY 11933

FOR SALE
Industrial land
Property ID
US63-0579999
10.05 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 10.07-acre industrial development project in Calverton, NY, offers a ±70,455 square foot Class A warehouse. The single-story building features 21 loading docks and a 38-foot ceiling height, providing ample space for efficient operations. The property boasts 70 parking spaces and is zoned for Planned Industrial Park (PIP) use, allowing for flexibility. Located at 1001 Scott Ave, this fee-simple ownership opportunity provides convenient access to major highways including I-495, NY-27, and NY-25, facilitating seamless transportation to the East End/Hamptons and New York City. The site plan approval is expected in mid-August, and the project is exempt from the recent moratorium on industrial development in Calverton. This vacant property is ready for occupancy on February 1, 2025, and offers the potential for outdoor storage, making it an ideal redevelopment opportunity for businesses seeking a strategic location and modern warehouse space. The multi-tenant capability allows for diverse occupancy options. This is a rare opportunity to acquire a prime industrial property in a rapidly growing area.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 10.05 ac (437,778 SF)
Zoning code PIP
APN 0600-135.10-01.00-001.000
UPID US63-0579999

Cap rate & NOI

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

Location

1001 Scott Ave Calverton, NY 11933
Calverton metro Census 169706 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.16M

Owner & transaction history

since 2022
Last sale
$3.2M
2 recorded transactions
2022
$3.2M
2007
$903,600

Zoning & alternative use

PIP · Calverton, NY

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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More about this property
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