Property profile

0 1.27 Acres Shovel Ready Development Site Selden, NY 11784

OFF-MARKET
Office Spaces
7,600 SF 1.27 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 7,600 SF
Lot 1.27 ac (55,321 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1.27 Acres Shovel Ready Development Site Selden, NY 11784
Selden metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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