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    301 4Th St Milford, DE 19963

    For Sale
    Contact for pricing

    14,000 SF+ Flex Space Available for Lease

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional business opportunity presents +/- 14,000 square feet of clean, flexible space for lease within a larger 68,000+ square foot building at 301 SE 4th Street, Milford, Delaware. Ideally situated on Delaware's Eastern Shore, this property is perfectly suited for manufacturing, distribution, and/or storage operations. The building boasts convenient access to a dock-high door at the rear and a drive-in door with an apron at the front, facilitating efficient loading and unloading. High ceilings (12 feet) allow for easy forklift maneuverability and ample vertical storage. The landlord demonstrates a collaborative approach, showing willingness to negotiate property improvements and modifications based on lease terms. These potential improvements could include apron enhancements, additional dock-high or drive-in doors, and expanded rear parking to accommodate increased tractor-trailer deliveries. The addition of office space is also a possibility, should the tenant require it. The property shares the building with established tenants, First State Manufacturing and Sea Watch, providing a strong sense of community and shared infrastructure. While a minimum leasable area of 10,000 square feet is preferred, the owner is open to considering offers for various space requirements. The property sits on a 4.85-acre lot.

    Property Features for 301 4Th St

    General Information

    Property type
    Investment properties
    Lot Size
    211,266 SF

    Building Details

    Year Built
    1980
    Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.42474
    Latitude
    38.90836

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    FAQs

    What type of property is this?
    Investment property - 14,000 SF+ Flex Space Available for Lease
    Where is this investment property located?
    The property is located at 301 4Th St Milford, DE.
    (410) 543-5115
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    301 4Th St Milford, DE 19963
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    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
    301 4Th St Milford, DE 19963
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