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
    Property profile & analytics

    500 Fulton Ave Hempstead, NY 11550-4131

    • Drive through restaurants
    • 2,412 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $3,540,000
    Last Sale
    Nov 23, 2021
    $3,500,000
    Location Intelligence
    Property ID
    US63-0113716
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 500 Fulton Ave

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.53 lot acres
    Property size
    2,412 SF
    Property type
    Drive through restaurants
    APN
    34-404-00-0043
    APU
    34404000043

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,340,000
      6.5%
      $3,435,000
      7%
      $3,435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,660,000
      Geo Method
      $3,745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,810,000
      Retail
      $3,380,000
      Mixed-Use
      $3,145,000
      Hospitality
      $3,105,000
      Educational
      $3,130,000
      Residential Income
      $3,110,000
      Energy
      $3,210,000
      Income-Based Land
      $3,895,000
      Food Service
      $3,150,000

    Location Insight

    • Map
    • Local Demand
    City
    Hempstead
    County
    Nassau
    State
    New York
    Longitude
    -73.6145
    Latitude
    40.7097
    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
    $37,334
    $7,229
    $307
    $7,536
    -
    $0.00
    $0.00
    $753,600

    Comparable in this City

    • Value Estimation by Request
      802 SF

      461 Fulton Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 802 SF
      461 Fulton Ave, Hempstead, NY 11550-4128
      View Details
    • Value Estimation by Request
      1,620 SF

      976 Fulton Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,620 SF
      976 Fulton Ave, Hempstead, NY 11550
      View Details
    • Value Estimation by Request
      1,420 SF

      247 Greenwich St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,420 SF
      247 Greenwich St, Hempstead, NY 11550-6321
      View Details
    • Value Estimation by Request
      3,010 SF

      12 10th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,010 SF
      12 10th Ave, Hempstead, NY 11550
      View Details
    • Value Estimation by Request
      1,872 SF

      780 Fulton Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,872 SF
      780 Fulton Ave, Hempstead, NY 11550-4636
      View Details
    • Value Estimation by Request
      2,963 SF

      579 Peninsula Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,963 SF
      579 Peninsula Blvd, Hempstead, NY 11550-5423
      View Details

    Similar Nearby for Sale

    • $3,499,000
      25,806 SF

      Retail & Office Building For Sale

      Retail and office building for sale in Hempstead, NY.
      24 Main St, Hempstead, NY 11550
      View Details
    • $3,499,000
      25,806 SF

      Hempstead Mixed-Use Investment

      High-yield retail & office building, 3 tenants.
      24-26 Main St, Hempstead, NY 11550
      View Details
    • $6,980,000
      56,000 SF

      Hempstead Retail Property For Sale

      Retail property available for sale in Hempstead, New York.
      42-46 Main St, Hempstead, NY 11550
      View Details
    • $5,580,000
      Pending

      Hempstead Retail Investment Opportunity

      Prime retail strip mall in bustling Hempstead, NY.
      158 Main St, Hempstead, NY 11550
      View Details
    • Contact for pricing

      Established Nail Salon in Hempstead

      Profitable nail salon in Hempstead with strong monthly income.
      10 W Columbia St, Hempstead, NY 11550
      View Details
    • $925,777
      0.07 Acres

      Profitable Commercial Property in Hempstead

      Commercial property with retail and residential units in vibrant location.
      171 S Franklin St, Hempstead, NY 11550
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail/Office Space Available

      Versatile space in a vibrant commercial district, Hempstead, NY.
      290 Peninsula Blvd, Hempstead, NY 11550
      View Details
    • $3,000 /Mo
      800 SF

      Move-in Ready Commercial Space

      Second-floor commercial space with private offices and excellent visibility.
      32 Main St, Hempstead, NY 11550
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space Near Hempstead Station

      Retail space walkable from Hempstead LIRR Station.
      162-168 Fulton Ave, Hempstead, NY 11550
      View Details
    • Contact for pricing
      1,840 SF

      Retail Space on Baldwin Road

      Retail space with high visibility at a busy intersection.
      175 Baldwin Rd, Hempstead, NY 11550
      View Details
    • Contact for pricing
      5,200 SF

      Retail Space in Hempstead, NY

      Downtown community strip center with high-volume tenants.
      270-320 Peninsula Blvd, Hempstead, NY 11550
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space with High Visibility

      Retail space with high traffic and ample parking available.
      80 Clinton St, Hempstead, NY 11550
      View Details
    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.
    500 Fulton Ave
    Hempstead, NY 11550-4131
    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.