Clear-Span
726 MCCOLLEY STREET #B, Milford, DE 19963
For Sale
New
Contact for pricing
An open-span interior is served by both ground-level and dock-height loading access.
Property Size5,000 SF
Price / SF$0.42
Days on Market6
Property Features for 726 MCCOLLEY STREET #B
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
The Parker Group
(302) 217-6692
Listed By:
Maggie Cantu · License DE RS0038079
(302) 541-5989
Source:
Cummingsrealtors
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:42PM
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 The Parker Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,000-square-foot warehouse has a clear-span interior measuring 50 by 100 feet, with 12-foot ceilings. Loading features include a 16-foot overhead door with a ramp to ground level and a sliding dock-height door suitable for tractor-trailer deliveries. The building dates to 1980.
Two 110V outlets are present, but electrical service is not connected. Electrical service may be installed at the tenant’s expense. The warehouse has no restroom facilities.
Two 110V outlets are present, but electrical service is not connected. Electrical service may be installed at the tenant’s expense. The warehouse has no restroom facilities.
Key Highlights
- 5,000‑square‑foot warehouse with a 50' x 100' clear‑span layout
- 12‑foot ceilings
- 16‑foot overhead door with ramp access to ground level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,201
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,020
$664.0K
Cap Rate 7%
$474,300
$474.3K
Cap Rate 9%
$368,900
$368.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$42.0K $8.40/SF
− Vacancy
−$2.9K −$0.59/SF
EGI
$39.1K $7.81/SF
− OpEx
−$5.9K −$1.17/SF
NOI
$33.2K $6.64/SF
Area
Sussex County, DE
Vacancy
7.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,020
Cap Rate 7%
$474,300
Cap Rate 9%
$368,900
Alternative Uses
Best Use
Warehouse
$474.3K
$415.0K – $553.4K
NOI $33,201 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,180 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19963, DE
20,827
Population
10,300
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
198
Density / Sq Mi
$65,420
Median Household Income
$40,157
Median Earnings
$1,161
Median Rent
$291,200
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Sussex County, DE
Properties on Market for Warehouses in Sussex County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - An open-span interior is served by both ground-level and dock-height loading access.
Where is this warehouse located?
The property is located at 726 MCCOLLEY STREET #B Milford, DE.
What are key features of this property?
This property features: 5,000‑square‑foot warehouse with a 50' x 100' clear‑span layout; 12‑foot ceilings; 16‑foot overhead door with ramp access to ground level
