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    160 Sunrise Hwy Freeport, NY 11520-3945
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    Property profile & analytics

    160 Sunrise Hwy Freeport, NY 11520-3945


    • Outlet malls
    • 152,982 SF
    • 12.30 lot acres
    Off-Market
    Last Sale Jan 25, 2024
    $77,500,000
    Property ID
    US63-2826985
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • KeyExpress Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
    • The Home Depot Parking Lot / Parking Lot & Garage
    • Be Limitless Enterprise / Consultant
    • Digital Marketing By Shania LLC / Advertising Agency / Marketing & Advertising
    • FedEx Drop Box / Postal Service / Courier Service

    Property Details for 160 Sunrise Hwy

    Year built
    1980
    Lot size
    12.30 lot acres
    Property size
    152,982 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    55-536-00-0437
    APU
    55536000437

    Description

    This exceptional retail opportunity presents a single-tenant, 30,407-square-foot building located at 160 East Sunrise Highway in Freeport, New York, within Nassau County. The entire space is currently vacant, offering a blank canvas for a discerning tenant seeking significant square footage in a high-traffic location. The property's classification is "Shopping Center," indicating its suitability for a variety of retail uses. The address is easily accessible from Sunrise Highway, a major thoroughfare ensuring high visibility and convenient access for customers. The zip code is 11520. This property is ideal for a business requiring substantial space for retail operations, warehousing, or a combination thereof. The building's size and location provide ample opportunity for a large-scale retail presence. The property is categorized as a single-tenant building, eliminating the complexities of multi-tenant management. This presents a unique chance to establish a significant retail footprint in a bustling Nassau County community. The property's size and location offer exceptional potential for a business seeking to establish a strong presence in the Freeport market. The vacant status allows for complete customization to suit the specific needs of the future tenant. This is a rare opportunity to secure a substantial retail space in a prime location. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
      ML approach
      Off market
    • CAP approach

      CAP Return
      Estimation
      6%
      $50,490,000
      6.5%
      $46,610,000
      7%
      $43,280,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $49,156,000
      Market price range: $41.0M - $66.7M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $50,560,000
      Current use
      OFFICE BUILDING
      $107,945,000
      Change: +114% Conversion: Easy
      AUTO REPAIR, GARAGE
      $100,540,000
      Change: +99% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $75,805,000
      Change: +50% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $60,235,000
      Change: +19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Nassau
    State
    New York
    Longitude
    -73.5759
    Latitude
    40.656
    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
    $1,125,857
    $72,331
    $308,437
    $380,768
    -
    $0.00
    $0.00
    $38,076,800
    More about this property
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