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    1340 Middleford Rd Seaford, DE 19973

    Sponsored
    For Sale
    $330,000

    High-Cap Rate Office Investment, Delaware

    Property size:
    2,011 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This 2,011 square foot Class B executive office building in Seaford, Delaware, presents a compelling investment opportunity. Located at 1340 Middleford Rd, 19973, this single-unit property boasts an 8.00% cap rate and a strong net operating income (NOI) of $26,400. Built in 2012, the building features a timeless brick exterior and is situated within a well-maintained professional park near TidalHealth's Nanticoke campus. Currently occupied by a long-term tenant, Chesapeake Bay Orthopedics, who recently renewed their lease, the property offers a stable income stream. The interior layout includes a spacious reception area, a large lobby with bathroom, private staff bathroom, four exam rooms, a private office, and an X-ray room. The asking price is $330,000, and seller financing may be available. This property is ideally suited for medical professionals or other professional uses and is priced to sell quickly. The property is a triple net (NNN) lease.

    Property Features for 1340 Middleford Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,011 SF
    Class
    B

    Building Details

    Year Built
    2012
    Units
    1

    HighLights

    • Long‑term lease in place with established tenant.
    • Property situated in a well‑maintained office park.
    • Attractive brick building with classic design.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nanticoke Chiropractic Center Chiropractor MARK T EDNEY Urologist Harold Genvert Urologist Dr. James Hummel Chiropractor Alpha Care Medical Medical Center

    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
    Seaford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.5990093
    Latitude
    38.645945

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    FAQs

    What type of property is this?
    Office Property / Space - High-Cap Rate Office Investment, Delaware
    Where is this office property / space located?
    The property is located at 1340 Middleford Rd Seaford, DE.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: Long-term lease in place with established tenant.; Property situated in a well-maintained office park.; Attractive brick building with classic design.
    Request Owner's contact information
    1340 Middleford Rd Seaford, DE 19973
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    Seaford, DE 19973
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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
    1340 Middleford Rd Seaford, DE 19973
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