Freestanding Storefront
701 Middle Country Rd, Selden, NY 11784
For Sale
Contact for pricing
The site includes on-property parking and sits within a commercial corridor near residential neighborhoods and retail services.
Property Size4,000 SF
Lot Size1.71 Acres
Price / SF$499.75
Days on Market29
Property Features for 701 Middle Country Rd
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Building Details
Buildings
Listing Agency:
Tripoint Real Estate
Listed By:
Christopher Cardenas · License #10491213447
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 5:28PM
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 Tripoint Real Estate
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Investment Insights
Based on property information with market context.
This freestanding storefront property occupies approximately 1.71 acres and contains a building of approximately 4,000 square feet. The site also has about 42 parking spaces for on-site use.
Located on Middle Country Road in Selden, the property is part of an established commercial corridor. Residential neighborhoods, retail services, and major regional roadways are nearby.
Located on Middle Country Road in Selden, the property is part of an established commercial corridor. Residential neighborhoods, retail services, and major regional roadways are nearby.
Key Highlights
- Freestanding retail building of approximately 4,000 square feet
- Approximately 1.71 acres on Middle Country Road in Selden
- About 42 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,204
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,080
$1.6M
Cap Rate 7%
$1,117,200
$1.1M
Cap Rate 9%
$868,933
$868.9K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$120.0K $30.00/SF
− Vacancy
−$8.3K −$2.07/SF
EGI
$111.7K $27.93/SF
− OpEx
−$33.5K −$8.38/SF
NOI
$78.2K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,080
Cap Rate 7%
$1,117,200
Cap Rate 9%
$868,933
Alternative Uses
Best Use
Retail
$1.12M
$977.6K – $1.30M
NOI $78,204 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,301 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Groceries 33%
Dining 5%
Aldi
Groceries
24,944 visits/mo
0.2 miles
Five Below
Shops & Services
23,079 visits/mo
0.5 miles
7-Eleven
Shops & Services
10,196 visits/mo
0.1 miles
AutoZone
Shops & Services
7,133 visits/mo
0.1 miles
Citibank
Shops & Services
4,296 visits/mo
0.1 miles
Demographics for 11784, NY
24,794
Population
8,759
Households
2.8
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
5.5 sq mi
ZIP Area
4,508
Density / Sq Mi
$105,268
Median Household Income
$53,128
Median Earnings
$2,273
Median Rent
$435,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Suffolk County, NY
Properties on Market for Storefront properties in Suffolk County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Island Florist — Coram, NY 11727
Frequently Asked Questions
What type of property is this?
Storefront property - The site includes on-property parking and sits within a commercial corridor near residential neighborhoods and retail services.
Where is this storefront property located?
The property is located at 701 Middle Country Rd Selden, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Freestanding retail building of approximately 4,000 square feet; Approximately 1.71 acres on Middle Country Road in Selden; About 42 on‑site parking spaces
