Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1123 Jerusalem Ave Uniondale, NY 11553-3004

    • Outlet malls
    • 89,773 SF
    • 6.05 lot acres
    OFF-MARKET
    Value Estimation
    $13,775,000
    Last Sale
    Feb 21, 2020
    $12,550,000
    Location Intelligence
    Property ID
    US63-5231955
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walmart Patio & Garden Services / Landscaper
    • Walmart Pet Services / Pet Sitter
    • Walmart House Cleaning Services / House Cleaning Service
    • Walmart Unión Dale / Shopping Mall
    • Ria Money Transfer - Walmart / Money Transfer Service

    Property Details for 1123 Jerusalem Ave

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    6.05 lot acres
    Property size
    89,773 SF
    Property type
    Outlet malls
    APN
    50-00G-00-0270
    APU
    5000G000270

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $14,385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,075,000
      6.5%
      $12,285,000
      7%
      $13,450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,890,000
      Geo Method
      $13,335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,685,000
      Retail
      $12,305,000
      Mixed-Use
      $12,425,000
      Hospitality
      $12,865,000
      Educational
      $12,630,000
      Residential Income
      $12,765,000
      Energy
      $11,845,000
      Income-Based Land
      $12,610,000
      Food Service
      $15,055,000

    Location Insight

    • Map
    • Local Demand
    City
    Uniondale
    County
    Nassau
    State
    New York
    Longitude
    -73.5781
    Latitude
    40.6954
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $721,322
    $117,342
    $1.00
    $117,343
    -
    $0.00
    $0.00
    $11,734,300

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      Roosevelt Fld Rd

      REGIONAL SHOPPING CENTER, MALL • 0.16 Acres
      Roosevelt Fld Rd, Uniondale, NY 11553
      View Details
    • Value Estimation
      $2,370,000
      8,955 SF

      565 Uniondale Ave, Unit 583

      SHOPPING CENTER, STRIP CENTER • 8,955 SF
      565 Uniondale Ave, Uniondale, NY 11553-2236
      View Details
    • Value Estimation by Request
      19,711 SF

      959 Nassau Rd, Unit 979

      SHOPPING CENTER, STRIP CENTER • 19,711 SF
      959 Nassau Rd, Uniondale, NY 11553-3242
      View Details
    • Value Estimation by Request
      1,800 SF

      Old Country Rd

      REGIONAL SHOPPING CENTER, MALL • 1,800 SF
      Old Country Rd, Uniondale, NY 11553
      View Details
    • Value Estimation by Request
      4,550 SF

      425 Jerusalem Ave

      Lifestyle centers • 4,550 SF
      425 Jerusalem Ave, Uniondale, NY 11553
      View Details
    • Value Estimation by Request
      2,976 SF

      1110 Hempstead Tpke

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,976 SF
      1110 Hempstead Tpke, Uniondale, NY 11553
      View Details

    Similar Nearby for Sale

    • $250,000
      4,226 SF

      Turnkey Pizza Restaurant Opportunity

      Fully equipped pizza restaurant for sale in high-traffic Uniondale location.
      455 Jerusalem Ave, Uniondale, NY 11553
      View Details
    • $2,800,000

      Uniondale Avenue Retail Opportunity

      Four storefronts with separate utilities in Uniondale, NY.
      490-498 Uniondale Ave Ave, Uniondale, NY 11553
      View Details
    • $68,000

      Uniondale Retail Space for Sale

      Retail space in Uniondale, ready for immediate operation.
      924 Front St, Uniondale, NY 11553
      View Details
    • $825,000

      Uniondale Multi-Family Home For Sale

      Two-family home with income potential in Uniondale, New York.
      185 Lawrence St, Uniondale, NY 11553
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Retail Space on Hempstead Turnpike

      Retail space available on heavily trafficked Hempstead Turnpike.
      2440 Hempstead Tpke, East Meadow, NY 11553
      View Details
    • $15,000 /Mo
      3,200 SF

      Uniondale Warehouse Storefront with Parking

      Warehouse with storefront, office, loading dock, basement, and parking.
      1065 Front St, Uniondale, NY 11553
      View Details
    • Contact for pricing
      639,302 SF

      Earle Ovington Health Club Space

      Omni-Health Club with pool and concierge services available for rent.
      333 Earle Ovington Blvd, Uniondale, NY 11553
      View Details
    • Contact for pricing

      Cleared Land in Hempstead

      Paved lot with excellent visibility near transportation and shopping.
      160 Marvin Ave, Hempstead, NY 11553
      View Details

    Property Visit Statistics

    • Visits by month
      166.2k
    • Visitors by month
      96.2k
    • Avg Time on site
      33 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1123 Jerusalem Ave
    Uniondale, NY 11553-3004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.