525 N Red Haven Ln, Dover, DE
Office building with 12,083 square feet of space.
- Added:
- Nov 26, 2024
- Days on Market:
- 562
- Last Refresh:
- May 20 at 9:42 pm
Property Features for 525 N Red Haven Ln
General Information
- Standard status
- Active
- Size
- 12,083 SF
- Lot size
- 5.00 Acres
- Property subtype
- OFFICE
Listing agent Charles Rodriguez License #3293114
Listing office R&R Commercial Realty (302) 674-3400
Listing date Nov 26, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of R&R Commercial Realty
HighLights
- 12,083 square feet of office space.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $281.3k | $23.28 |
| − Vacancy | −$62.4k | −$5.17 |
| EGI | $218.8k | $18.11 |
| − OpEx | −$54.7k | −$4.53 |
| NOI | $164.1k | $13.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Kent
- State
- Delaware
- Longitude
- -75.5499
- Latitude
- 39.0792
