Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    517 Middle Country Rd Selden, NY 11784

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Just shy of 1 acre on busy Middle Country Road.

    Type:Commercial
    Lot size:
    0.99 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 11 at 5:56 am

    Property Features for 517 Middle Country Rd

    General Information

    Standard status
    Active
    Lot size
    0.99 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Brandon Jones

    Listing agent Brandon Jones

    Listing office

    Listing date Apr 15, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Brandon Jones

    Overview

    Prime Commercial Land For Lease

    This lease opportunity features just shy of 1 acre of land situated on busy Middle Country Road, offering 227 feet of frontage and two curb cuts. A 126-unit luxury gated rental community has recently been built behind the property. The location is near a Shake Shack drive-thru, Wendy's, Texas Roadhouse, Planet Fitness, Aldi, and Lidl. The property is suitable for a franchise business, medical office, or bank. The zoning will be J2. Terms are negotiable. The walk score is 42, indicating car-dependent surroundings, and the bike score is 28, indicating that the area is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Selden
    County
    Suffolk
    State
    New York
    Longitude
    -73.03174
    Latitude
    40.86735

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in High-Traffic Area

      Retail spaces available in prime Suffolk County location.
      211-317 Middle Country Rd, Selden, NY
      View Details
    • Contact for pricing

      Retail Space in Selden Plaza

      Open-air shopping center anchored by Target and Home Depot.
      1137 Middle Country Rd, Selden, NY
      View Details
    • Contact for pricing

      Retail Space in Selden Center

      Retail space available in a busy shopping center.
      787 Middle Country Rd, Selden, NY
      View Details
    • Contact for pricing

      Retail Space in High-Traffic Area

      Retail spaces available in prime Suffolk County location.
      201 Middle Country Rd, Selden, NY
      View Details
    • Contact for pricing

      Former Salon Space For Rent

      Retail space with abundant parking and high traffic volume.
      280 Middle Country Rd, Selden, NY
      View Details
    • $43/mo

      Selden Office Space Available

      196 square feet of office space for lease.
      910 Middle Country Rd, Selden, NY
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Land available for lease with high traffic volume.
      1313 Middle Country Rd, Selden, NY
      View Details
    • Contact for pricing

      Prime Retail Space Available

      High-traffic location with strong demographics and upcoming residential development.
      325 Middle Country Rd, Selden, NY
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Selden, NY.
      211 Middle Country Rd, Selden, NY 11784
      View Details
    • Contact for pricing

      Prime Development Site Available

      0.96 acres for multiple commercial uses.
      1064 Middle Country Rd, Selden, NY 11784
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease.
      615 Middle Country Rd, Selden, NY 11784
      View Details
    • Contact for pricing

      Corner Location Office Space

      Office space for rent in high-traffic corner location.
      1305 Middle Country Rd, Selden, NY 11784
      View Details

    FAQs

    What type of property is this?
    Commercial land - Just shy of 1 acre on busy Middle Country Road.
    Where is this commercial land located?
    The property is located at 517 Middle Country Rd Selden, NY.
    What are key features of this property?
    This property features: High‑Traffic Location: Situated on busy Middle Country Road with 227 feet of frontage.; Proximity to New Development: Located behind a recently built 126‑unit luxury gated rental community.; Excellent Accessibility: Features 2 curb cuts for easy access.
    (631) 626-6352
    We can help!
    Listing Contact
    Brandon Jones
    Learn More
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!