Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    105 Front St Seaford, DE 19973
    Back to Search
    Property profile & analytics

    105 Front St, Seaford, DE 19973

    View on Map
    • Office Spaces
    • 9,372 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Leslie Pryor / Physician
    • Kemp Murray MD / Physician
    • Coastal Orthopedics / Medical Clinic
    • Roche Biomedical Labs / Medical Laboratory
    • Nanticoke Gynecology Association Pa / Physician

    Property Details for 105 Front St

    Year built
    1990
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This single-tenant medical office building, located at 105 N Front St in Seaford, Delaware (zip code 19973), offers 9,372 square feet of space in a C-1 zoned area. Built in 1990, the one-story building features ample parking with 20 spaces. The property's prime location ensures high visibility and easy access to major routes, making it ideal for businesses seeking convenient access for clients and customers. The space is highly adaptable and can be customized to meet specific operational needs. The lease is offered at a competitive net-net-net (NNN) rate of $21.00 per square foot. The property is a single-tenant building, providing a dedicated and private environment for your business. This presents a unique opportunity for a medical practice or related healthcare business seeking a well-located, spacious, and adaptable office space in Seaford, Delaware. The building's single-story design offers convenient accessibility. The property's 20 parking spaces provide ample parking for staff and clients. The competitive lease rate makes this an attractive option for businesses seeking cost-effective solutions.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Seaford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.609
    Latitude
    38.6426

    Comparable in this City

    • Value Estimation by Request
      4,800 SF

      800 Health Services Dr

      Medical Office Space
      800 Health Services Dr, Seaford, DE 19973
      View Details
    • Value Estimation by Request
      2,011 SF

      403 Middleford Rd

      Medical Office Space
      403 Middleford Rd, Seaford, DE 19973
      View Details
    • Value Estimation by Request
      6,700 SF

      400 Health Services Dr

      Medical Office Space
      400 Health Services Dr, Seaford, DE 19973
      View Details
    • Value Estimation by Request

      302 Health Services Dr

      Office Spaces
      302 Health Services Dr, Seaford, DE 19973
      View Details
    • Value Estimation by Request
      1,773 SF

      8470 Herring Run Rd

      Office Spaces
      8470 Herring Run Rd, Seaford, DE 19973
      View Details
    • Value Estimation by Request
      6,600 SF

      300 301

      Office Spaces
      300 301, Seaford, DE 19973
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Freestanding Building in Seaford Redevelopment

      Highly visible 12,738 SF building in mixed-use redevelopment.
      900 West Stein Hwy, Seaford, DE 19973
      View Details
    • $275,000

      Seaford Medical Office Space For Sale

      Class A medical office space in professional park, Seaford, DE.
      1350 Middleford Rd, Seaford, DE 19973
      View Details
    • $780,000
      0.51 Acres

      Seaford Office Building For Sale

      Professional office building in prime location with expansion potential.
      924 Middleford Rd, Seaford, DE 19973
      View Details
    • $1,750,000

      Medical Office Complex For Sale

      Medical office complex with creditworthy tenants in Seaford, Delaware.
      500 Health Services Dr, Seaford, DE 19973
      View Details
    • Contact for pricing

      Nylon Capital Center Mixed-Use Redevelopment

      Class A mixed-use redevelopment with institutional, corporate, and recreational spaces.
      1000 West Stein Hwy, Seaford, DE 19973
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      24,829 SF

      Seaford, DE Medical Office Space

      Move-in ready office space near Tidal Health Nanticoke hospital.
      808 Middleford Rd, Seaford, DE 19973
      View Details
    • $1,500 /Mo
      24,829 SF

      Seaford, DE Commercial Space For Lease

      Move-in ready commercial space ideal for medical or healthcare businesses.
      808 Middleford Rd, Seaford, DE 19973
      View Details
    • $18 SF/Yr

      Prime Retail/Medical Space Available

      Freestanding building in Seaford's transformative mixed-use redevelopment.
      900 W Stein Hwy, Seaford, DE 19973
      View Details
    • $16 SF/Yr

      Retail Space in Seaford Redevelopment

      Front-facing suite in mixed-use redevelopment with high visibility.
      1000 W Stein Hwy, Seaford, DE 19973
      View Details
    • $12 SF/Yr

      Seaford, DE Commercial Condo Suite

      Commercial condo suite in Seaford with multiple exam and private offices.
      543 N Shipley St, Seaford, DE 19973
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    105 Front St
    Seaford, DE 19973
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    105 Front St, Seaford, DE, 19973
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!