0 1.27 Acres Shovel Ready Development Site, Selden, NY 11784
This exceptional 1.27-acre commercial development site in Selden, New York, presents a unique investment opportunity. Priced at $999,999, this shovel-ready parcel boasts approvals in place for the construction of a 7,600 square foot medical office building. Ideally situated on heavily trafficked Middle Country Road, the property enjoys unparalleled visibility and accessibility. Its prime location directly across from the bustling Selden Plaza shopping center and adjacent to newly constructed luxury apartments ensures high foot traffic and strong potential for tenant attraction. The site features over 150 feet of frontage, maximizing exposure to the substantial daily traffic flow. Furthermore, its proximity to key thoroughfares like the Long Island Expressway and Sunrise Highway provides convenient access for patients and staff. This location is surrounded by national retailers, offering synergistic benefits and a strong established commercial environment. The site's existing approvals significantly streamline the development process, minimizing delays and maximizing return on investment. This is an exceptional opportunity to capitalize on the growing demand for medical office space in a thriving Suffolk County location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.