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    Middle Country Rd Selden, NY 11784

    • Land
    • 1.27 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Middle Country Rd

    Lot size
    1.27 lot acres
    Property type
    Land

    Description

    This exceptional 1.27-acre commercial land parcel presents a unique investment opportunity in Selden, New York. Located on heavily trafficked Middle Country Road, this shovel-ready site boasts pre-approved plans for a 7,600 square foot medical office building. The property enjoys unparalleled visibility with over 150 feet of frontage, situated directly across from the bustling Selden Plaza Shopping Center and adjacent to newly constructed luxury apartments. This prime location ensures high traffic counts and exceptional exposure to a dense population. Its strategic position offers easy access to key thoroughfares including County Road 83, the Long Island Expressway (LIE), and Sunrise Highway, maximizing accessibility for patients and staff. The surrounding area is anchored by national retailers, further solidifying its commercial viability. This is an ideal location for a medical office building, capitalizing on the high demand and convenient access within this thriving community. The asking price for this exceptional property is $1,200,000. The property's address is Middle Country Rd, Selden, NY 11784, within Suffolk County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Selden
    County
    Suffolk
    State
    New York
    Longitude
    -73.0349
    Latitude
    40.8666

    Comparable in this City

    • Value Estimation by Request
      1.27 Acres

      1.27 Acres Shovel Ready Development Site

      Medical offices • 7,600 SF
      0 1.27 Acres Shovel Ready Development Site, Selden, NY 11784
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    • Value Estimation
      $310,000
      0.26 Acres

      Middle Country Rd

      SHOW ROOM, WAREHOUSE • 0.26 Acres
      Middle Country Rd, Selden, NY 11784
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    • Value Estimation
      $315,000
      1.21 Acres

      600 Middle Country Rd

      COMMERCIAL (GENERAL) • 1.21 Acres
      600 Middle Country Rd, Selden, NY 11784-2548
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    • Value Estimation by Request
      11.90 Acres

      Norton Ave

      VACANT COMMERCIAL LAND • 11.90 Acres
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    • Value Estimation by Request
      0.14 Acres

      Middle Country Rd

      VACANT COMMERCIAL LAND • 0.14 Acres
      Middle Country Rd, Selden, NY 11784
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    • Value Estimation by Request
      10.07 Acres

      Middle Country Rd

      VACANT COMMERCIAL LAND • 10.07 Acres
      Middle Country Rd, Selden, NY 11784
      View Details

    Similar Nearby for Sale

    • $999,999
      1.27 Acres

      Selden Medical Office Land

      1.27 Acres, Shovel-Ready Site, High Traffic
      0 1.27 Acres Shovel Ready Development Site, Selden, NY 11784
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    • Contact for pricing

      Prime Development Site Available

      0.96 acre development site suitable for multiple commercial uses.
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    • $1,400,000

      Commercial Land on Middle Country

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      Vacant Land on Middle Country

      Vacant commercial land on a busy road in Selden, NY.
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      Selden Land For Sale

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    • $229,999

      Updated Co-op with Modern Amenities

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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land for Lease

      Land available for lease with high traffic volume.
      1313 Middle Country Rd, Selden, NY 11784
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      34,917 SF

      Selden Plaza Retail Space Available

      Prime Selden retail space, multiple suites.
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      14,673 SF

      Retail Space in Selden Plaza

      Open-air shopping center anchored by Target and Home Depot.
      1137 Middle Country Rd, Selden, NY 11784
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      3,600 SF

      Retail Space in High-Traffic Area

      Retail spaces available in prime Suffolk County location.
      211-317 Middle Country Rd, Selden, NY 11784
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    • $5,000 /Mo
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      Selden Retail Space For Lease

      2,252 SF retail space available on high-traffic road.
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    • Contact for pricing
      236,130 SF

      Middle Country Rd. Rte. 25 & Boyle Rd

      Lifestyle centers • 236,130 SF
      0 Middle Country Rd. Rte. 25 & Boyle Rd, Selden, NY 11784
      View Details
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    Middle Country Rd
    Selden, NY 11784
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    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
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