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Property profile & analytics
FOR SALE
Outlet malls
3705 Hampton Rd Oceanside, NY 11572
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-4686511
For Sale
1 / 3
$34,390,000
3705 Hampton Rd, Oceanside, NY 11572
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2017
Construction
FRAME
Total area
154,100 SF
Lot
13.06 ac (568,937 SF)
APN
43-400-00-0202
UPID
US63-4686511
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
-
Costco Tire Center (Bike/Boat/Book/etc) Store Auto Parts Store
-
Costco Wholesale Big Box & Wholesale Store Discount Store
-
Eyedocs Clearvision & Associates(Inside Costco) Physician
-
LibertyX Bitcoin ATM Atm
-
COSTCO LOADING DOCK Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$46.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$34.39M
Owner & transaction history
Klein Costco LLC · 6 yrs held
Klein Costco LLC
since 2019
3 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 Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$50,860,000
6.5%
$46,950,000
7%
$43,595,000
Blend value · Realmo final
$34.39M
Range $30.95M – $37.83M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$223 / 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
$1,951,985
Tax year 2023
Assessed value
$340,196
Assessed 2023
Previous assessed
$340,196
+0.0% YoY
Effective rate
573.78%
On assessed value
Assessed land
$79,654
Assessed improvement
$260,542
Total market value
$34,019,600
Applied tax rate
129.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
2017
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
154,100 SF
Lot
13.06 ac (568,937 SF)
APN
43-400-00-0202
UPID
US63-4686511
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
2017
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
13.06 ac
Current owner
From public records · entity-resolved
Klein Costco LLC
Entity
Mailing address
25TH HANOVER RD STE #350, FLORHAM PARK, NJ 07932-1425
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2019
—
Klein Costco LLC
Coremark Group Holdings Dst
Deed
$24,832,088 · Umb Bk
May 28, 2015
$5,280,000
Coremark Group Holdings LLC
Hampton Industiral Corp
Grant Deed
related
$10,205,000 · Fifth Third Bk
—
—
2066 East-west LLC
—
Loan Modification, Consolidation And Extension
related
$24,832,088 · Umb Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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