Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,265,000
Warehouses
10 Leecon Ct Southampton, NY 11968-3988
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-6010070
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
48,420 SF
Lot
3.8 ac (165,528 SF)
Zoning code
LI40
APN
0900-158.00-02.00-008.013
UPID
US63-6010070
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Metro Self Storage - Southampton Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.27M
Owner & transaction history
Metro Storage Southampton LLC · 7 yrs held
Metro Storage Southampton LLC
since 2019
7 recorded transactions
Zoning & alternative use
LI40 · Southampton, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Southampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southampton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$60,896
Tax year 2020
Assessed value
$7,173,900
Assessed 2023
Previous assessed
$7,173,900
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$693,600
Assessed improvement
$6,480,300
Land market value
$997,986
Improvement market value
$9,324,173
Total market value
$10,322,159
Applied tax rate
473,613.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Total area
48,420 SF
Lot
3.8 ac (165,528 SF)
Zoning code
LI40
APN
0900-158.00-02.00-008.013
UPID
US63-6010070
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
LI40 · Southampton, NY
Zoning LI40 · permitted uses
LI40 · Southampton, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Lot
3.8 ac
Current owner
From public records · entity-resolved
Metro Storage Southampton LLC
Entity
Free & Clear · 7 yrs held
Mailing address
13528 W BOULTON BLVD, METTAWA, IL 60045-4501
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2019
$29,150,000
Metro Storage Southampton LLC
Metro Storage E LLC
Grant Deed
—
Jul 14, 2010
$4,221,423
Metro Storage East LLC
Apf Wo 26 LP
Grant Deed
—
Sep 14, 2006
$12,511,086
Apf Wo 26
Lss Southampton
Grant Deed
—
Jul 12, 2002
$575,000
Robert A Johnston
Bishop,mary L
Grant Deed
—
Jul 12, 2002
—
Mary L Bishop
Leo F Rosko Estate
Grant Deed
related
—
—
—
Metro Storage East LLC
—
Deed Of Trust
related
$4,685,000 · Ing USA Annunity & Life Ins Co
—
—
Metro Storage East LLC
—
Deed Of Trust
related
$2,115,000 · Ing USA Annunity & Life Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10 Leecon Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
