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    FOR SALE
    Community centers

    4331 Middle Country Rd, Calverton, NY 11933

    5.16 ac lot
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US63-2609796
    Property summary
    AI-generated overview

    This exceptional 5.1-acre commercial land parcel, located at 4331 Middle Country Road in Calverton, New York (zip code 11933), presents a unique investment opportunity. The property is zoned for commercial development and offers significant potential for a variety of uses. The asking price is $12,000,000. The site allows for the construction of a building ranging from 4,000 to 9,450 square feet. This is a single-tenant net-leased asset backed by a strong national tenant with over 2,100 stores. The lease agreement is for an initial term of 15 years, providing long-term stability and predictable income. A key feature of this lease is the built-in 10% rent increases every year throughout the lease term, ensuring consistent growth in rental income. Situated in Suffolk County, this property benefits from its strategic location and accessibility. The property's size and zoning make it suitable for a range of commercial developments, offering significant upside potential for investors seeking a stable, long-term investment with substantial growth prospects. This is a rare opportunity to acquire a prime commercial land parcel in a desirable location with a strong tenant and a favorable lease agreement.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Lot 5.16 ac (224,770 SF)
    APN 0600-098.00-01.00-025.000
    UPID US63-2609796
    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
    Current use
    Occupant on record · Public records
    • Tractor Supply Co. Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Calverton Dev Ptrs LLC · 6 yrs held
    Calverton Dev Ptrs LLC
    since 2019
    1 recorded transaction
    2019
    $2.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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