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    611 Tower Ln, Unit Middletown DE Middletown, DE 19709

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    For Lease
    $13 SF/Yr ($15,187 /Mo)

    Flex building under construction, delivery in Q1 2025, Middletown, DE.

    Property size:
    13,500 SF
    Lot size:
    13,500 SF

    Property Features for 611 Tower Ln

    General Information

    Size
    13,500 SF

    Source: Jeff Shahan, SIOR Agent Jeff Shahan, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Flex Building Under Construction

    This 13,500 SF flex building is currently under construction and scheduled for delivery in Q1 of 2025. Located in Middletown, DE, at 611 Tower Lane, the property offers flexible unit sizes ranging from 2,120 SF to 13,500 SF, with increments of 2,264 SF. A standard unit includes a fully conditioned private office, an ADA-compliant restroom, LED lights in the warehouse, a gas-fired suspended heater, and a 12' X 14' roll-up door at grade level. The location provides convenient access to major industrial hubs such as Baltimore, Wilmington, and Philadelphia. It is situated approximately 2 miles from Route 301 bypass and Route 299, and about 3 miles from Route 1. The landlord is open to performing additional tenant improvements for creditworthy tenants.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6813
    Latitude
    39.494

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    FAQs

    What type of property is this?
    Flex space - Flex building under construction, delivery in Q1 2025, Middletown, DE.
    Where is this flex space located?
    The property is located at 611 Tower Ln, Unit Middletown DE Middletown, DE.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - New construction flex building with delivery in Q1 2025.; - Flexible unit sizes available from 2,120 SF to 13,500 SF.; - Convenient location: 2-3 miles to Route 301 bypass and Route 1.
    (302) 545-2392
    Request Owner's contact information
    611 Tower Ln, Unit Middletown DE Middletown, DE 19709
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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
    611 Tower Ln, Unit Middletown DE Middletown, DE 19709
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