4331 Middle Country Rd Calverton, NY 11933
- Community centers
- 5.16 lot acres
Current Use by Public Records
- Tractor Supply Co. / Animal Feed Store / Farm Shop
Property Details for 4331 Middle Country Rd
- Lot size
- 5.16 lot acres
- Property type
- Community centers
- APN
- 0600-098.00-01.00-025.000
- APU
- 600098000100025000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calverton
- County
- Suffolk
- State
- New York
- Longitude
- -72.7742
- Latitude
- 40.9247
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
