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
    Back to Search
    Property profile & analytics

    508 Medford Ave Patchogue, NY 11772-1321

    • Investment properties
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    May 06, 2022
    $490,000
    Location Intelligence
    Property ID
    US63-0075250
    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

    • Exteriors Of Long Island / Contractor / Roofing Contractor
    • Karyn Villar / Legal Services
    • Modern Energy / Solar Energy Equipment Supplier

    Property Details for 508 Medford Ave

    Lot size
    0.19 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0200-924.00-03.00-005.000
    APU
    200924000300005000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $520,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $620,000
      Retail
      $610,000
      Mixed-Use
      $480,000
      Hospitality
      $625,000
      Educational
      $595,000
      Residential Income
      $635,000
      Energy
      $585,000
      Income-Based Land
      $500,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Patchogue
    County
    Suffolk
    State
    New York
    Longitude
    -73.0095
    Latitude
    40.7865
    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
    $500
    $1,000
    $1,500
    -
    $926
    $1,852
    $2,778

    Comparable in this City

    • Value Estimation by Request
      0.60 Acres

      Robinson Ave

      STORE/OFFICE (MIXED USE) • 0.60 Acres
      Robinson Ave, Patchogue, NY 11772
      View Details
    • Value Estimation by Request
      0.28 Acres

      240 Service Rd

      STORE/OFFICE (MIXED USE) • 0.28 Acres
      240 Service Rd, Patchogue, NY 11772-1848
      View Details
    • Value Estimation by Request
      2.11 Acres

      127 Service Rd

      STORE/OFFICE (MIXED USE) • 2.11 Acres
      127 Service Rd, Patchogue, NY 11772-1846
      View Details
    • Value Estimation by Request
      0.06 Acres

      264 Sills Rd

      STORE/OFFICE (MIXED USE) • 0.06 Acres
      264 Sills Rd, East Patchogue, NY 11772-8804
      View Details
    • Value Estimation by Request
      0.18 Acres

      50 Terry St

      STORE/OFFICE (MIXED USE) • 0.18 Acres
      50 Terry St, Patchogue, NY 11772-3817
      View Details
    • Value Estimation by Request
      0.54 Acres

      185 Waverly Ave

      STORE/OFFICE (MIXED USE) • 0.54 Acres
      185 Waverly Ave, Patchogue, NY 11772-2133
      View Details

    Similar Nearby for Sale

    • $999,000
      6,000 SF

      Mixed-Use Property in Patchogue, NY

      Mixed-use property with income potential in Patchogue, New York.
      Mulford St, Patchogue, NY 11772
      View Details
    • $699,000
      Pending

      Patchogue Mixed-Use Investment Opportunity

      Three-income property near Shorefront Park and Patchogue's vibrant waterfront.
      479 S Ocean Ave, Patchogue, NY 11772
      View Details
    • $1,750,000

      East Patchogue Mixed-Use Corner Lot

      High-traffic corner, 3 buildings, development potential.
      433 Main St, East Patchogue, NY 11772
      View Details
    • $1,050,000
      4,728 SF

      Turnkey Mixed-Use Building on Route 112

      Completely renovated mixed-use building with accessory apartment and parking.
      157 Medford Ave, Patchogue, NY 11772
      View Details
    • $599,000

      Land on Montauk Highway

      Land with frontage on Montauk Highway and high traffic counts.
      Maure Ave, Patchogue, NY 11772
      View Details
    • $1,800,000

      Auto Shop in Thriving Patchogue

      Auto repair shop with six bays near Patchogue Train Station.
      72 Terry St, Patchogue, NY 11772
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      702 SF

      Downtown Patchogue Mixed-Use Space

      702 sq ft commercial space in vibrant downtown Patchogue.
      69 N Ocean Ave, Patchogue, NY 11772
      View Details
    • Contact for pricing
      3,800 SF

      Patchogue Medical Office Space For Lease

      Prime 3,800 SF Medical Office in Patchogue, NY
      55 Medford Ave, Patchogue, NY 11772
      View Details
    • Contact for pricing

      Land Pad Site Available

      Pad site available for rent in grocery anchored center.
      200 S Service Rd, Patchogue, NY 11772
      View Details
    • $31 SF/Yr
      5,042 SF

      Restaurant Space on Main Street

      Corner restaurant space available for rent on Main Street.
      1 Village Grn, Patchogue, NY 11772
      View Details
    • $2,000 /Mo

      Waterfront Building with Amazing Views

      Free-standing waterfront office building available for rent.
      37 Bransford St, Patchogue, NY 11772
      View Details
    • $2,400 /Mo
      850 SF

      Patchogue Office Space For Rent

      850 sq ft office space available in Patchogue, NY.
      605 Route 112, Patchogue, NY 11772
      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.
    508 Medford Ave
    Patchogue, NY 11772-1321
    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.