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    929 Middletown Warwick Rd Middletown, DE 19709

    Sponsored
    For Sale
    $12,500,000

    Prime 52-acre commercial parcel in Middletown, DE. Exceptional development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 52-acre commercial land parcel presents a significant development opportunity in the thriving Middletown, Delaware market. Located at 929 Middletown Warwick Road, this property boasts a C-3 zoning designation, offering a wide range of potential uses. The expansive lot size provides ample space for a variety of commercial projects, catering to the growing needs of the community. The property's address is 929 Middletown Warwick Road, Middletown, DE 19709, and its location within New Castle County ensures convenient access to major transportation routes and amenities. The asking price for this remarkable property is $12,500,000. The parcel's APN is 23-065.00-010.M-0001. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area, ideal for investors seeking high-growth potential. The C-3 zoning allows for a diverse range of commercial developments, making this a highly versatile and attractive investment. Don't miss this chance to secure a prime piece of Delaware real estate.

    Property Features for 929 Middletown Warwick Rd

    General Information

    Property type
    Land
    Lot Size
    2,265,120 SF

    HighLights

    • 52+/- acre commercial land parcel.
    • APN: 23‑065.00‑010.M‑0001.
    • C‑3 zoning.
    • Located in Middletown, DE.
    • Asking price: $12,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Restaurant Wholesale Shop Dental Office Building Supply Clothing Store Pharmacy Nail Salon Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.758064
    Latitude
    39.440925

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    FAQs

    What type of property is this?
    Land - Prime 52-acre commercial parcel in Middletown, DE. Exceptional development opportunity.
    Where is this land located?
    The property is located at 929 Middletown Warwick Rd Middletown, DE.
    What is the asking price?
    The asking price for this property is $12,500,000.
    What are key features of this property?
    This property features: 52+/- acre commercial land parcel.; APN: 23-065.00-010.M-0001.; C-3 zoning.
    Request Owner's contact information
    929 Middletown Warwick Rd 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
    929 Middletown Warwick Rd Middletown, DE 19709
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