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1843 Middle Rd - 24.6 ACRES POSSIBLE SUBDIVISION INDUSTRIAL. 24.6 Acres of Industrial Land Offered at $14,760,000 in Calverton, NY 11933

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EXECUTIVE SUMMARY

. THE PRICE FOR THE 24.6 ACRES IS 600,000 PER ACRE. WE ARE IN THE PROCESS OF APPLYING TO SUBDIVIDE THE PROPERTY INTO 2 TO 3.5 ACRE LOTS. PRICING FOR THIS WILL BE 675,000 PER ACRE FOR THE TWO ACRE LOTS. THIS SUBDIVISION IS NOT APPROVED AND THERE IS NO GUARANTEE THE TOWN OF RIVERHEAD WILL APPROVE IT. PLEASE CLICK ON PHOTO ABOVE WITH ARROW FOR AN AERIAL DRONE VIDEO OF THE PROPERTY AS WELL AS ADDITIONAL PHOTOS. THE PROPERTY IS ZONED LIGHT INDUSTRIAL . PLEASE EMAIL ME FOR A LIST OF APPROVED USERS.

SKM_C25822110912210

2000_0503_subdivision_1 Suffolk Cement Products Inc. 03 14 23

2000_0503_excavation_o5-1 OF 2 Suffolk Cement 09 27 21

PROPERTY FACTS

Price	$14,760,000	Property Subtype	Industrial
Sale Type	Investment or Owner User	Proposed Use	Industrial
No. Lots	1	Total Lot Size	24.60 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	04 - FARM - areas where the development and use of land for agricultural purposes is encouraged.

Price	$14,760,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Industrial
Total Lot Size	24.60 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	04 - FARM - areas where the development and use of land for agricultural purposes is encouraged.

1 LOT AVAILABLE

Lot

Price	$14,760,000	Lot Size	24.60 AC
Price Per AC	$600,000.00

Price	$14,760,000
Price Per AC	$600,000.00
Lot Size	24.60 AC

SUFFOLK CEMENT PRODUCTS IS NOT LEAVING THE PROPERTY. THE BUSINESS IS NOT FOR SALE. SUFFOLK IS REMAINING ON A PARCEL OF 17.76 ACRES. WE ARE SELLING THE ADJACENT PARCEL OF 24.6 ACRES, ZONED LIGHT INDUSTRIAL $ 600,000 PER ACRE. POSSIBLE SUBDIVISION

DESCRIPTION

This property is the only property currently available for sale that is centrally located to the Riverhead retail corridor. The property is zoned Industrial A, one of the rarest zoning classifications. Suffolk Cement is remaining on the 17.76 acre lot it owns across Middle Road. A Phase One Environmental Report has been concluded and it passed with no issues.

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