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    Property profile & analytics

    367 Meacham Ave Elmont, NY 11003-3242

    • Auto shops
    • 2,583 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $970,000
    Last Sale
    Sep 12, 2023
    $850,000
    Location Intelligence
    Property ID
    US63-0117165
    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

    • 2006 Mercedes-Benz C-Class AWD C 280 Luxury 4MATIC 4dr Sedan / Motor Vehicle Dealer
    • Andersen Transmission / Transmission Shop
    • J & J Auto Sales and Services / Transmission Shop / Used Car Dealer

    Property Details for 367 Meacham Ave

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    2,583 SF
    Property type
    Auto shops
    APN
    32-580-00-0070
    APU
    32580000070

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $950,000
      6.5%
      $820,000
      7%
      $930,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $750,000
      Geo Method
      $780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $745,000
      Retail
      $975,000
      Mixed-Use
      $955,000
      Hospitality
      $880,000
      Educational
      $1,000,000
      Residential Income
      $825,000
      Energy
      $760,000
      Income-Based Land
      $910,000
      Food Service
      $795,000

    Location Insight

    • Map
    • Local Demand
    City
    Elmont
    County
    Nassau
    State
    New York
    Longitude
    -73.6906
    Latitude
    40.6981
    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
    $23,182
    $1,705
    $1,950
    $3,655
    -
    $0.00
    $0.00
    $365,500

    Comparable in this City

    • Value Estimation by Request
      1,865 SF

      401 Hempstead Tpke

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      View Details
    • Value Estimation by Request
      1,916 SF

      637 Meacham Ave

      AUTO REPAIR, GARAGE • 1,916 SF
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      View Details
    • Value Estimation by Request
      2,900 SF

      1289 Hempstead Tpke

      AUTO REPAIR, GARAGE • 2,900 SF
      1289 Hempstead Tpke, Elmont, NY 11003-1125
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    • Value Estimation by Request
      1,536 SF

      714 Elmont Rd

      AUTO REPAIR, GARAGE • 1,536 SF
      714 Elmont Rd, Elmont, NY 11003-4027
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    • Value Estimation by Request
      100 SF

      Linden Blvd

      AUTO REPAIR, GARAGE • 100 SF
      Linden Blvd, Elmont, NY 11003
      View Details
    • Value Estimation by Request
      2,542 SF

      359 Meacham Ave

      AUTO REPAIR, GARAGE • 2,542 SF
      359 Meacham Ave, Elmont, NY 11003-3242
      View Details

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    Elmont, NY 11003-3242
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    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
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