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    111 Sandhill Dr Middletown, DE 19709

    Sponsored
    For Lease
    Contact for pricing

    1.04-Acre Pad Site, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.04-acre commercial pad site presents a unique ground lease opportunity in Middletown, Delaware's rapidly growing Bunker Hill area. Ideally situated for high visibility and convenient access from Route 301 Bypass, this property is zoned 23C-3 within New Castle County. The site boasts significant advantages for businesses seeking a prime location. Public water and sewer are readily available, eliminating the need for costly infrastructure development. The single-tenant zoning allows for focused development and streamlined permitting processes. This level lot offers an excellent opportunity for businesses seeking a prominent presence in a thriving commercial corridor. The expansive acreage provides ample space for a variety of commercial developments, catering to a wide range of business needs. Its strategic location ensures high traffic volume and excellent exposure to potential customers. This is an exceptional chance to establish a strong foothold in a dynamic and expanding market. The ease of access and readily available utilities make this a highly attractive proposition for developers and businesses alike. Don't miss this chance to secure a prime location in a rapidly developing area. This property is ready for immediate development.

    Property Features for 111 Sandhill Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.04‑acre commercial pad site available for ground lease.
    • Public water and sewer available.
    • High‑visibility location.
    • Convenient access from Route 301 Bypass.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.72863
    Latitude
    39.451171

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    FAQs

    What type of property is this?
    Land - 1.04-Acre Pad Site, High Visibility
    Where is this land located?
    The property is located at 111 Sandhill Dr Middletown, DE.
    What are key features of this property?
    This property features: 1.04-acre commercial pad site available for ground lease.; Public water and sewer available.; High-visibility location.
    Request Owner's contact information
    111 Sandhill Dr Middletown, DE 19709
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    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
    111 Sandhill Dr Middletown, DE 19709
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