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    Property profile & analytics

    502 Walt Whitman Rd Melville, NY 11747-2109

    • Office buildings
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3339480
    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

    • Morrell Instruments Co / Medical Supply Store
    • Nikon SMZ745 / Photographer

    Property Details for 502 Walt Whitman Rd

    Lot size
    0.07 lot acres
    Zone code
    C8
    Property type
    Office buildings
    APN
    0400-238.00-01.00-034.000
    APU
    400238000100034000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melville
    County
    Suffolk
    State
    New York
    Longitude
    -73.4095
    Latitude
    40.8126
    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
    2020
    $0.00
    $2,000
    $1,500
    $3,500
    -
    $3,636
    $2,727
    $6,363

    Comparable in this City

    • Value Estimation by Request
      6.00 Acres

      25 Melville Park Rd

      OFFICE BUILDING • 6.00 Acres
      25 Melville Park Rd, Melville, NY 11747-3175
      View Details
    • Value Estimation by Request
      0.50 Acres

      20 Broadhollow Rd

      OFFICE BUILDING • 0.50 Acres
      20 Broadhollow Rd, Melville, NY 11747-2501
      View Details
    • Value Estimation by Request
      4.65 Acres

      576 Broadhollow Rd

      OFFICE BUILDING • 4.65 Acres
      576 Broadhollow Rd, Melville, NY 11747-5002
      View Details
    • Value Estimation by Request
      6.00 Acres

      425 Broadhollow Rd

      OFFICE BUILDING • 6.00 Acres
      425 Broadhollow Rd, Melville, NY 11747-4713
      View Details
    • Value Estimation by Request
      2.62 Acres

      859 Walt Whitman Rd

      OFFICE BUILDING • 2.62 Acres
      859 Walt Whitman Rd, Melville, NY 11747-2221
      View Details
    • Value Estimation by Request
      5.80 Acres

      1700 Walt Whitman Rd

      OFFICE BUILDING • 5.80 Acres
      1700 Walt Whitman Rd, Melville, NY 11747-3080
      View Details

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    • Contact for pricing
      6,150 SF

      Melville Office Space Available

      Office space with shared amenities in Melville, New York.
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      Residential Land in Melville, NY

      Residential land available in Half Hollow Hills School District.
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      Melville Retail Land Development Lot

      Prime 1.3-acre I-2 zoned lot, ideal for restaurant, bank, or commercial use.
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    Similar Nearby for Lease

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      Upscale cafe and executive fitness center available for rent.
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      123,011 SF

      Melville Office Space Available

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    • $27 SF/Yr
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      Melville Office Space Available

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    • $24 SF/Yr
      10,000 SF

      90,390 SF Melville Office Building

      90,390 SF office building with furnished offices and covered parking.
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    • Contact for pricing
      5,505 SF

      Renovated Office Building with Café

      Fully renovated office building with café and highway access.
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    • $32 SF/Yr
      183,000 SF

      Melville Office Building For Rent

      183,000 square foot office building with parking.
      538 Broadhollow Rd, Melville, NY 11747
      View Details

    Property Visit Statistics

    • Visits by month
      4.8k
    • Visitors by month
      3.6k
    • Avg Time on site
      19 min
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    502 Walt Whitman Rd
    Melville, NY 11747-2109
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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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