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    105-111 NE Front St Slaughter Beach, DE 19963

    For Sale
    $2,100,000

    Well-maintained, recently renovated investment property in Milford's Central Business District.

    Property size:
    13,224 SF

    Property Features for 105-111 NE Front St

    General Information

    Size
    13,224 SF

    Source: Chris Davis Agent Chris Davis

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

    Overview

    Milford Investment Property For Sale

    Located in the heart of downtown Milford, Delaware, this well-maintained and recently renovated investment property offers significant income potential. The property generates an annual income of approximately $180,000 at NNN terms. It features 10,712 square feet of fully-tenanted professional office space at NNN terms, along with an additional approximately 2,512 square feet of allocated expansion space, also NNN paid. The property is located within Milford's Central Business District, surrounded by prospering businesses and in close proximity to Route 13. The Central Business District offers multiple incentives through the City of Milford and State of Delaware, such as Opportunity Zone and Downtown Development District grants. The property contains two Class A, well-established Tenants with recently renewed lease terms, offering sustainable income and a strong Tenant mix.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Slaughter Beach
    County
    Sussex
    State
    Delaware
    Longitude
    -75.4297894
    Latitude
    38.9144903

    Nearby Similar for Sale

    • Contact for pricing

      22284 Liberty Way, Milford, DE 19963

      Office Properties & Spaces
      22284 Liberty Way, Milford, DE 19963
      View Details
    • Contact for pricing

      22284 Liberty Way, Milford, DE 19963

      Office Properties & Spaces
      22284 Liberty Way, Milford, DE 19963
      View Details

    FAQs

    What type of property is this?
    Office building - Well-maintained, recently renovated investment property in Milford's Central Business District.
    Where is this office building located?
    The property is located at 105-111 NE Front St Slaughter Beach, DE.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Annual lease income of +/- $180,000 at NNN terms.; - **10,712 SF of fully-tenanted professional office space.**; - Located within Milford's Central Business District.
    (443) 523-4539
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    105-111 NE Front St Slaughter Beach, 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
    105-111 NE Front St Slaughter Beach, DE 19963
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