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    769 Masten Cir Milford, DE 19963

    For Sale
    Contact for pricing

    Prime Milford office space, flexible lease terms.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional office property, located at 769 E Masten Circle in Milford, Delaware, offers a single unit encompassing 4,611 square feet. Situated on a generous 2.83-acre lot, this property presents a unique opportunity for businesses seeking ample space and convenient location. The lease terms are structured to provide flexibility and growth potential. The first year's rent is $14.00 per square foot, net, net, net (NNN). The second year sees a modest increase to $15.00 per square foot, NNN, and the third year's rent is $16.00 per square foot, NNN. This escalating rental structure allows for predictable budgeting and reflects the property's value and prime location within Milford. The property's size and expansive lot offer significant potential for expansion or future development, making it an ideal investment for businesses looking to establish a strong presence in the Milford market. The address is easily accessible, providing convenient access for employees and clients alike. Serious inquiries are encouraged to explore this outstanding opportunity further. Contact us today to schedule a viewing and discuss your business needs.

    Property Features for 769 Masten Cir

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    123,275 SF

    Building Details

    Year Built
    1987
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Kent
    State
    Delaware
    Longitude
    -75.44211
    Latitude
    38.92047

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Milford office space, flexible lease terms.
    Where is this office property / space located?
    The property is located at 769 Masten Cir Milford, DE.
    (302) 674-3400
    Request Owner's contact information
    769 Masten Cir Milford, DE 19963
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    769 Masten Cir
    Milford, DE 19963
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    Realmo Value Estimation

    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.

    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.

    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
    769 Masten Cir Milford, DE 19963
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