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    1601 Lake Seymour Dr Middletown, DE 19709

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    For Lease
    $27 SF/Yr ($5,625 /Mo)

    Prime retail space available in Middletown's bustling Westown Shopping District.

    Property size:
    2,500 SF
    Lot size:
    1.61 Acres

    Property Features for 1601 Lake Seymour Dr

    General Information

    Size
    2,500 SF
    Lot size
    1.61 Acres

    Source: DSM Commercial Agent Andy Fox

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

    Overview

    Retail Space in Westown District

    Located in the heart of Middletown's Westown Shopping District, this retail or office space offers opportunities for businesses. Situated at the southeast corner of Lake Seymour Drive and South Ridge Avenue, 1601 Lake Seymour Drive features frontage and visibility along Lake Seymour Drive, providing access to DE-299 and U.S. Route 301. The location is surrounded by national retailers, including Walmart, Kohl’s, Chick-fil-A, Walgreens, Starbucks, and Aldi, offering exposure to commuter and local traffic. Nearby employers include an Amazon Fulfillment Center, Christiana Care’s Middletown Emergency Department, and the Hampton Inn, contributing to daytime and residential traffic in the area. Building 2 is already occupied by Live Hydration, Home Frite, Day Spa, Mango Mango and Primo Hoagies. Building 1, with 7,625 square feet, is fully leased by My Salon Suites, Club Pilates, and Turkish Market. Building 3 has 1,250 SF or 2,500 SF available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Similar Places Nearby

    Westown, Market Place Shopping Center, Merrimac Center, Main Street Station Shopping Center, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7378485
    Latitude
    39.4477783

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    FAQs

    What type of property is this?
    Shopping center - Prime retail space available in Middletown's bustling Westown Shopping District.
    Where is this shopping center located?
    The property is located at 1601 Lake Seymour Dr Middletown, DE.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Middletown's Westown Shopping District; - Surrounded by major national retailers driving significant customer traffic; - Strong frontage on Lake Seymour Drive, a key connector to DE-299 and U.S. Route 301
    (302) 229-1304
    Request Owner's contact information
    1601 Lake Seymour Dr 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
    1601 Lake Seymour Dr Middletown, DE 19709
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