111 Sandhill DrMiddletown, DE 19709

  • Land
  • 1.04 AC
For Lease

Property Details for 111 Sandhill Dr

Lot size
1.04 AC
Zone code
23C-3
Property type
Land
Property subtype
Commercial land
APN
23-005.00-311
APU
2300500311

Description

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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $22,160,676
    Hospitality
    $20,299,060
    Educational
    $16,888,580
    Medical
    $17,469,404
    Retail
    $26,271,124
111 Sandhill Dr, Middletown, Delaware

Location Insight

City
Middletown
County
New Castle
State
Delaware
Latitude
39.4512
Longitude
-75.7286
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$350
$11,300
-
$11,300
-
-
-
-

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