Property profile

5 Park Dr Melville, NY 11747

OFF-MARKET
Distribution centers
Property ID
US63-1952056
5 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Lot 5 ac (217,800 SF)
Zoning code I1
APN 0400-265.00-01.00-006.004
UPID US63-1952056

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Construction Company

Location

5 Park Dr Melville, NY 11747-3035
Melville metro Census 112215 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.05M

Owner & transaction history

since 2022
Last sale
$14.5M
3 recorded transactions
2022
Price N/A
2022
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Melville, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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