Can the BT510 sensor use BLE LE Coded Phy (Long range)?

Yes!

You can configure a sensor using a Bluetooth connection and the Laird virtual serial port(vSP) service. The protocol sent over the virtual serial port is JSON-RPC version 2. This allows you to add new commands and features without changing the Bluetooth interface.

This includes being able to change the PHY to LE coded for long range applications.
The Laird BT510 smartphone applications allows a user to select LE Coded PHY.
LE Coded PHY can also be selected from your own smartphone application using JSON over VSP BLE connections.
Details can be found in the BT510 user guide