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    1340 Middleford Rd, Unit 403 Seaford, DE 19973

    For Sale
    $299,000

    Commercial investment property with long-term tenant, Chesapeake Bay Orthopedics.

    Property size:
    2,011 SF

    Property Features for 1340 Middleford Rd

    General Information

    Size
    2,011 SF

    Building Details

    Year built
    2012

    Source: Wesley Cox, CCIM Agent Wesley Cox, CCIM

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

    Overview

    Professional Office Near TidalHealth Campus

    This commercial investment property features a longstanding tenant, Chesapeake Bay Orthopedics, in place since 2012, who recently renewed their lease. The 2,011 square foot unit has a layout featuring a large lobby with a bathroom, a spacious reception and work area for staff, a private staff bathroom, 4 exam rooms, a private office, and an X-ray room. The property is located in a planned professional park near TidalHealth's Nanticoke campus. It is well-positioned to attract physicians as well as for any professional uses. The property is located on Middleford Road; turn north into Park Professional Center, the unit is in the second building on the left. The professional park is well-maintained and has a timeless brick look.
    Location Intelligence

    Current Use by Public Records

    Nanticoke Chiropractic Center Chiropractor MARK T EDNEY Urologist Harold Genvert Urologist Dr. James Hummel Chiropractor Alpha Care Medical Medical Center

    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
    Seaford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.5989152
    Latitude
    38.645993

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    FAQs

    What type of property is this?
    Medical office - Commercial investment property with long-term tenant, Chesapeake Bay Orthopedics.
    Where is this medical office located?
    The property is located at 1340 Middleford Rd, Unit 403 Seaford, DE.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Attractive 8.83% Cap Rate; - Long-term tenant, Chesapeake Bay Orthopedics, in place since 2012 with recent lease renewal; - Seller financing may be an option
    (410) 251-6408
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    1340 Middleford Rd, Unit 403 Seaford, DE 19973
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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
    1340 Middleford Rd, Unit 403 Seaford, DE 19973
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