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    112 Patriot Dr Middletown, DE 19709

    For Lease
    $12 SF/Yr

    11,388 SF Flex Warehouse Space

    Lot size:
    20,064 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11,388 square foot flex/warehouse space is available for lease at 112 Patriot Drive, Suite B, in Middletown, Delaware. Located in a Class C building constructed in 2014, this property offers a versatile layout ideal for a variety of businesses. The entire building encompasses 20,064 square feet and is currently configured as a single suite. The property benefits from its convenient location, less than a mile from the Route 301 bypass at the S. Middletown entrance/exit. This prime location offers easy access to major transportation routes, enhancing logistical efficiency. Nearby businesses include Greenhill Carwash, Tractor Supply, and the 301 Truck Stop, providing ample amenities and a thriving commercial environment. The property is zoned 23M-I within New Castle County. This flex space presents a unique opportunity for businesses seeking a functional and strategically located warehouse or flex space in a well-established commercial area. The property's size and location make it suitable for a range of industrial and commercial uses. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

    Property Features for 112 Patriot Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,064 SF
    Class
    C
    Total Rate
    20900

    Building Details

    Year Built
    2014

    Unit(s) available at that property

    Space
    Suite B
    Size
    11,388 SF
    Rate per SF
    $12

    HighLights

    • 20,064 SF industrial building, Class C.
    • Single‑tenant, flex/warehouse space available.
    • 11,388 SF of vacant space.
    • Built in 2014.
    • Located in New Castle County, DE, near Route 301.
    • Zoned 23M‑I.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cartesian Manufacturing LLC Machine Construction Camp Adventureland Middletown ... Recreation Center American K-9 Doggie ... Dog Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7488276
    Latitude
    39.4362015

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    FAQs

    What type of property is this?
    Distribution property - 11,388 SF Flex Warehouse Space
    Where is this distribution property located?
    The property is located at 112 Patriot Dr Middletown, DE.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 20,064 SF industrial building, Class C.; Single-tenant, flex/warehouse space available.; 11,388 SF of vacant space.
    Request Owner's contact information
    112 Patriot 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
    112 Patriot Dr Middletown, DE 19709
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