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    937 Walt Whitman Rd Melville, NY 11747

    Sponsored
    For Lease
    Contact for pricing

    Prime Melville Shopping Center, 6 Suites Available

    Lot size:
    8,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a prime 8,660 square foot shopping center located at 937 Walt Whitman Road in Melville, New York, within Suffolk County (zip code 11747). The property offers multiple tenancy options, with six individual suites available, ranging from a minimum of 1,659 square feet to a maximum contiguous space of 8,660 square feet. The building features convenient elevator access. This versatile space is ideal for a variety of retail businesses seeking a high-visibility location in a thriving commercial area. The property's strategic location in Melville provides excellent access to major roadways and a dense population base, ensuring high foot traffic and potential customer reach. With a total of 8,660 square feet, this shopping center offers significant potential for growth and expansion. Currently, there is 17,319 square feet of vacant space available, presenting a unique opportunity for businesses to establish a strong presence in this desirable market. The property is classified as a retail shopping center and is ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and availability. The property's address is 937 Walt Whitman Rd, Melville, NY 11747.

    Property Features for 937 Walt Whitman Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,660 SF

    Unit(s) available at that property

    Space
    Proposed Tenant 1
    Size
    1,659 SF
    Space
    Proposed Tenant 2
    Size
    1,750 SF
    Space
    Proposed Tenant 3
    Size
    1,750 SF
    Space
    Proposed Tenant 4
    Size
    1,750 SF
    Space
    Proposed Tenant 5
    Size
    1,750 SF
    Space
    Combined Suite
    Size
    8,660 SF

    HighLights

    • High‑visibility retail space available for lease on prime Route 110.
    • Excellent location directly adjacent to the Northern State Parkway's Route 110 entrance/exit ramps.
    • Convenient traffic light access.
    • 50‑foot deep lots provide maximum visibility.
    • Suitable for a variety of commercial uses.
    • Brand new, upscale retail development opening Q3 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meyer - PeopleSoft ERP ... Computer Support And Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melville
    County
    Suffolk
    State
    New York
    Longitude
    -73.4135685
    Latitude
    40.7975816

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Melville Shopping Center, 6 Suites Available
    Where is this lifestyle center located?
    The property is located at 937 Walt Whitman Rd Melville, NY.
    What are key features of this property?
    This property features: High-visibility retail space available for lease on prime Route 110.; Excellent location directly adjacent to the Northern State Parkway's Route 110 entrance/exit ramps.; Convenient traffic light access.
    Request Owner's contact information
    937 Walt Whitman Rd Melville, NY 11747
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    Melville, NY 11747
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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
    937 Walt Whitman Rd Melville, NY 11747
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