Property profile

4331 Middle Country Rd Calverton, NY 11933

FOR SALE
Community centers
Property ID
US63-2609796
5.16 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Pet Store & Service

Location

4331 Middle Country Rd Calverton, NY 11933
Calverton metro Census 169706 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2019
1 recorded transaction
2019
$2.5M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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