Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    800 Health Services Dr Seaford, DE 19973

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,250,000

    Medical office building in a professional corridor, built in 2021.

    Property size:
    4,800 SF

    Property Features for 800 Health Services Dr

    General Information

    Size
    4,800 SF

    We can help!

    Listing Contact
    Shelby Tomlinson
    Source: Naicoastal

    Listing Agent: Shelby Tomlinson

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

    Learn more

    Property Insight Report

    Overview

    Herring Run Professional Center

    This newly constructed professional center, completed in 2021, is located directly off US-Route 13 in a medical and professional corridor. The property has a nationally recognized tenant under a NNN lease. The initial lease term extends through 2028, with options available through 2035. The building contains 4,800 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Planned Parenthood of Delaware ... Reproductive Health Clinic Jessica Day-Chrzaszcz Physician Assistant

    Suggested Use

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

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

    Similar Places Nearby

    Petco Vaccination Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Seaford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.6016638
    Latitude
    38.6597924

    Nearby Similar for Sale

    • $275,000
      3.11 Acres

      Seaford Medical Office For Sale

      Class A medical office space in Seaford, Delaware.
      1350 Middleford Rd, Seaford, DE 19973
      View Details
    • $650,000

      Seaford Commercial Condo Suite

      Commercial condo suite with multiple exam rooms and private offices.
      543 N Shipley St, Seaford, DE 19973
      View Details
    • $780,000
      0.51 Acres

      Seaford Office Building For Sale

      Professional office building in prime location with expansion potential.
      924 Middleford Rd, Seaford, DE 19973
      View Details
    • Contact for pricing
      218,000 SF

      Nylon Capital Center Mixed-Use Redevelopment

      Class A mixed-use redevelopment with institutional, corporate, and recreational spaces.
      1000 West Stein Hwy, Seaford, DE 19973
      View Details
    • Contact for pricing
      12,738 SF

      Freestanding Building in Mixed-Use Development

      12,738 SF building suitable for retail, medical, or institutional use.
      900 West Stein Hwy, Seaford, DE 19973
      View Details
    • Contact for pricing
      61,900 SF

      Industrial Facility in Tax-Friendly County

      45,750 SF industrial facility with loading docks and office space.
      6063 Whitehurst Dr, Seaford, DE 19973
      View Details
    • $1,180,000

      Seaford Farm with Chicken Houses

      30-acre farm with modern chicken houses, growing for Perdue.
      4689 Woodpecker Rd, Seaford, DE 19973
      View Details
    • $825,000

      Mixed-Use Investment Property For Sale

      High-yield, mixed-use property with income and expansion potential.
      1201 Middleford Rd, Seaford, DE 19973
      View Details
    • $1,299,000

      Professional Office Space Available

      6,600 SF office space with handicap access and parking.
      300 302 & 303, Seaford, DE 19973
      View Details
    • $2,500,000
      10,600 SF

      Seaford Medical Office Building For Sale

      Well-maintained medical office building in Seaford, Sussex County.
      11 Fallon Ave, Seaford, DE 19973
      View Details
    • $1,290,000

      Seaford Commercial Space For Sale

      Commercial property with service area on 0.93 acres.
      9817 Spotless St, Seaford, DE 19973
      View Details
    • $150,000

      Established Italian Market and Deli

      Italian Market and Deli established in 2020 for sale.
      22953 Sussex Hwy, Seaford, DE 19973
      View Details

    FAQs

    What type of property is this?
    Medical office - Medical office building in a professional corridor, built in 2021.
    Where is this medical office located?
    The property is located at 800 Health Services Dr Seaford, DE.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - NNN Lease offers a hands-off investment opportunity.; - Initial term through 2028 with options through 2035, providing long-term stability.; - Leased to a nationally recognized tenant.
    (443) 366-2521
    Request Owner's contact information
    800 Health Services Dr Seaford, DE 19973
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    800 Health Services Dr
    Seaford, DE 19973
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    800 Health Services Dr Seaford, DE 19973
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shelby Tomlinson
    (443) 366-2521
    Learn more
    Google sign-in failed. Please try again or use another login method.