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    1050 Industrial Dr Middletown, DE 19709-2801
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    Property profile & analytics

    1050 Industrial Dr, Middletown, DE 19709-2801

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    • Office Spaces
    • 10,080 SF
    • 1.48 lot acres
    Off-Market
    Property ID
    US17-0151208
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,145,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1050 Industrial Dr

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    1.48 lot acres
    Zone code
    23M-I
    Property type
    Office Spaces
    APN
    23-012.00-016
    APU
    2301200016

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 17, 2023 — Middletown Business Center LLC — Deed · related $934k · Shore United Bank NA
    Jul 20, 2018 $1,700,000 Middletown Business Center LLC Lamboll Middletown Bldg LLC Grant Deed · related $1.3M · Td Bk NA
    Oct 9, 2012 $450,000 Lamboll Middletown Building LLC Middletown Building LLC Deed $43k · M & T Bank
    Feb 21, 2007 $10 Middletown Building LLC 447 Trust Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,710,000
      6.5%
      $1,580,000
      7%
      $1,470,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,920,000
      Market price range: $737k - $1.92M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,825,000
      Current use
      RETAIL STORES
      $2,310,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7216
    Latitude
    39.436
    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
    $24,648
    $64,500
    $731,900
    $796,400
    -
    $0.00
    $0.00
    $0.00
    More about this property
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