108 Sleepy Hollow DrMiddletown, DE 19709

  • Office properties
  • 2,856 SF
For Lease

Property Details for 108 Sleepy Hollow Dr

Year built
2005
Construction
CONCRETE
Lot size
1.00 AC
Property size (Sq ft)
2,856 SF
Zone code
23M-I
Property type
Office properties
Property subtype
Other office properties
APN
23-021.00-123
APU
2302100123

Description

This exceptional 4,000-square-foot industrial property, located at 108 Sleepy Hollow Drive in Middletown, Delaware, presents a fantastic leasing opportunity. Situated on a 1.02-acre lot, this single-tenant building offers ample space for manufacturing or warehousing operations. The property boasts impressive ceiling heights ranging from 16 to 20 feet, providing significant vertical clearance for storage or equipment. Convenient access is ensured by a single drive-in bay. The building is fully vacant and ready for immediate occupancy. The zoning designation is M-I (Manufacturing Industrial), allowing for a wide range of industrial uses. This prime location in New Castle County, Delaware, offers easy access to major transportation routes, making it an ideal choice for businesses needing efficient logistics. The property's address is 108 Sleepy Hollow Drive, Middletown, DE 19709. This is a rare opportunity to secure a well-situated, spacious industrial building in a thriving Delaware market. The property is zoned for manufacturing and industrial uses, providing flexibility for a variety of businesses. Don't miss out on this chance to establish your operations in this highly desirable location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,220,574
    6.5%
    $1,126,684
    7%
    $1,046,207
  • Comparable approach

    Method
    Valuation
    Relative Method
    $605,682
    Geo Method
    $373,165
  • Alternative Use

    Use
    Valuation
    Residential
    $1,397,088
    Hospitality
    $1,279,725
    Educational
    $1,064,716
    Medical
    $1,101,334
    Retail
    $1,656,226
108 Sleepy Hollow Dr, Middletown, Delaware

Location Insight

City
Middletown
County
New Castle
State
Delaware
Latitude
39.4541
Longitude
-75.7332
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,727
$43,600
$270,700
$314,300
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