New search
Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Gas stations
300 Merrick Rd, Freeport, NY 11520-3347
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-4181161
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1962
Construction
FRAME
Total area
1,682 SF
Lot
0.22 ac (9,530 SF)
APN
54-092-00-0521
UPID
US63-4181161
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
-
Givngo Gas station Gas Station
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Merrick & S Bayview LLC · 7 yrs held
Merrick & S Bayview LLC
since 2018
6 recorded transactions
Zoning & alternative use
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 Freeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeport 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
$553 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$21,722
Tax year 2023
Assessed value
$6,978
Assessed 2023
Previous assessed
$6,978
+0.0% YoY
Effective rate
311.29%
On assessed value
Assessed land
$1,920
Assessed improvement
$5,058
Total market value
$697,800
Applied tax rate
7.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1962
Construction
FRAME
Heating
YES
Stories
1
Total area
1,682 SF
Lot
0.22 ac (9,530 SF)
APN
54-092-00-0521
UPID
US63-4181161
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Construction
FRAME
Heating
YES
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Merrick & S Bayview LLC
Entity
Free & Clear · 7 yrs held
Mailing address
300 W MERRICK RD, FREEPORT, NY 11520-3347
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2018
—
Merrick & S Bayview LLC
Jasimudin Noornabi
Grant Deed
—
Dec 19, 2007
$1,199,000
Jasimudin Noornabi
300 West Merrick Road Realty C
Grant Deed
$800,000 · 300 West Merrick Road Realty C
—
—
West Merrick Road Realty 300
—
Deed Of Trust
related
$310,000 · Gulf Oil Limited Partnership
—
—
West Merrick Road Realty 300
—
Deed Of Trust
related
$400,000 · Irwin L Pitnick Defined Benefi
—
—
Jasimudin Noornabi
—
Deed Of Trust
related
$125,000 · Warex Terminals Corp
—
—
West Merrick Road Realty 300
—
Deed Of Trust
related
$50,000 · Irwin L Pitnick Defined Benefi
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.
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