Buyers have already voted on warehouses next to houses. Set what your home is worth and how close you are, and see what the published research says comes off the price.
School and town budgets are fixed amounts spread across everyone's assessed value. When the homes nearest the site win lower assessments, the bill shifts to the rest of Holbrook, Bohemia, Sayville and Bayport.
"What is the Town's estimate of the effect on assessed values within a mile, and who makes up the difference in the Sachem and Connetquot school levies?" Nobody has asked yet.
Build a 3-minute statement on home values What neighbors elsewhere say
The nine studies behind the numbers above, one line each. Every row links to the original; the tag says whether we read it ourselves.