108 Sleepy Hollow DrMiddletown, DE 19709

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

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,383,320

  6.5%

  $1,276,910

  7%

  $1,185,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $605,682

  Geo Method

  $373,165

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,468,720

  Retail / Commercial

  $1,274,800

  Mixed-Use / Specialty

  $1,277,230

  Hospitality / Lodging

  $946,146

  Institutional / Educational

  $1,330,300

  Residential Income

  $1,556,450

  Multifamily

  $1,828,050

  Automotive / Energy

  $1,140,260

  Parking / Income-Based Land

  $386,597

  Restaurant / Food Service

  $679,185

  Healthcare / Senior Housing

  $1,302,620

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

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