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Grumman Blvd - EPCAL 1,643 Acres of Industrial Land in Calverton, NY 11933

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INVESTMENT HIGHLIGHTS

  • Ideally situated at between Exits 69 and 71 on the Long Island Expressway (LIE)

EXECUTIVE SUMMARY

As exclusive agent, Cushman & Wakefield is pleased to offer the parcels of land which comprise the Enterprise Park at Calverton (“EPCAL”) Suffolk County, Long Island, NY for sale or lease. This 680+ acre parcel is ideally situated at between Exits 69 and 71 on the Long Island Expressway (LIE) and offers a streamlined 90-day approval process, an environmental impact study and parcels of land subdivided and varying in size from 5 acres and larger.
The Enterprise Park at Calverton is part of a planned redevelopment of a 2,900 acre property. The property is owned by the Town of Riverhead Community Development Agency and, as a result of the Comprehensive Reuse Development Plan, is now slated for economic development.
Today, the Town has streamlined the acquisition and development process to 90 days, eager to attract new and existing businesses to the area. In addition, EPCAL offers the unique ability to utilize rail access through the existing and currently active New York & Atlantic Rail Terminal and offers the EPCAL occupants use of the 10,000 foot runway.

PROPERTY FACTS Under Contract

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 1,643.00 AC
Opportunity Zone Yes
Zoning PD - Planned Development

1 LOT AVAILABLE

Lot EPCAL

Lot Size 1,643.00 AC

This 680+ acre parcel is ideally situated at between Exits 69 and 71 on the Long Island Expressway (LIE) and offers a streamlined 90-day approval process.

DESCRIPTION

This 680+ acre parcel is ideally situated at between Exits 69 and 71 on the Long Island Expressway (LIE) and offers a streamlined 90-day approval process, an environmental impact study and parcels of land subdivided and varying in size from 5 acres and larger. The Enterprise Park at Calverton is part of a planned redevelopment of a 2,900 acre property. The property is owned by the Town of Riverhead Community Development Agency and, as a result of the Comprehensive Reuse Development Plan, is now slated for economic development. Today, the Town has streamlined the acquisition and development process to 90 days, eager to attract new and existing businesses to the area. In addition, EPCAL offers the unique ability to utilize rail access through the existing and currently active New York & Atlantic Rail Terminal and offers the EPCAL occupants use of the 10,000 foot runway.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0600-135-00-01-00-007-033
  • 0600-135-00-01-00-007-056
Land Assessment
$11,969,900
Improvements Assessment
$5,196,000
Total Assessment
$17,165,900
  • Listing ID: 3787043

  • Date on Market: 8/12/2015

  • Last Updated:

  • Address: Grumman Blvd, Calverton, NY 11933

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