Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    108 Sleepy Hollow Dr Middletown, DE 19709

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    108 Sleepy Hollow Dr Middletown, DE 19709

    View on Map
    • Office properties & Spaces
    • 2,856 SF
    • 1.00 lot acres
    For Lease
    View Listing →
    Middletown Manufacturing/Industrial Space Available For Lease
    Contact for pricing
    4,000 SF

    Middletown Manufacturing/Industrial Space Available

    4,000 SF manufacturing/industrial space in Middletown, Delaware for lease.

    108 Sleepy Hollow Dr, Middletown, DE
    View Listing
    Property ID
    US17-0055325
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bolttech Mannings / Industrial Manufacturer / Production Facility
    • The Dog Stop - Middletown, Delaware / Kennel & Boarding Facility

    Property Details for 108 Sleepy Hollow Dr

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    1.00 lot acres
    Property size
    2,856 SF
    Zone code
    23M-I
    Property type
    Office properties & Spaces
    APN
    23-021.00-123
    APU
    2302100123

    Description

    This exceptional 4,000-square-foot industrial property, located at 108 Sleepy Hollow Drive in Middletown, Delaware, presents a fantastic leasing opportunity. Situated on a 1.02-acre lot, this single-tenant building offers ample space for manufacturing or warehousing operations. The property boasts impressive ceiling heights ranging from 16 to 20 feet, providing significant vertical clearance for storage or equipment. Convenient access is ensured by a single drive-in bay. The building is fully vacant and ready for immediate occupancy. The zoning designation is M-I (Manufacturing Industrial), allowing for a wide range of industrial uses. This prime location in New Castle County, Delaware, offers easy access to major transportation routes, making it an ideal choice for businesses needing efficient logistics. The property's address is 108 Sleepy Hollow Drive, Middletown, DE 19709. This is a rare opportunity to secure a well-situated, spacious industrial building in a thriving Delaware market. The property is zoned for manufacturing and industrial uses, providing flexibility for a variety of businesses. Don't miss out on this chance to establish your operations in this highly desirable location. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7332
    Latitude
    39.4541
    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
    $9,727
    $43,600
    $270,700
    $314,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      802 SF

      201 Lk St

      OFFICE (GENERAL) • 802 SF
      201 Lk St, Middletown, DE 19709-1755
      View Details
    • Value Estimation
      $820,000
      4,798 SF

      291 Carter Dr

      OFFICE (GENERAL) • 4,798 SF
      291 Carter Dr, Middletown, DE 19709-5845
      View Details
    • Value Estimation by Request
      4,300 SF

      100 Broad St

      OFFICE (GENERAL) • 4,300 SF
      100 Broad St, Middletown, DE 19709-1467
      View Details
    • Value Estimation by Request
      3,396 SF

      406 Cass St

      OFFICE (GENERAL) • 3,396 SF
      406 Cass St, Middletown, DE 19709-1038
      View Details
    • Value Estimation by Request
      3,396 SF

      402 Cass St

      OFFICE (GENERAL) • 3,396 SF
      402 Cass St, Middletown, DE 19709-1038
      View Details
    • Value Estimation by Request
      2,960 SF

      701 Broad St

      OFFICE (GENERAL) • 2,960 SF
      701 Broad St, Middletown, DE 19709-1166
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.64 Acres

      Middletown Office Space for Lease

      Modern Office Suites, Ample Amenities
      4353 Summit Bridge Rd, Middletown, DE 19709
      View Details
    • Contact for pricing

      Middletown Medical Office Suite

      Well-kept medical suite in Middletown, Delaware with ample parking.
      114 Sandhill Dr, Middletown, DE 19709
      View Details
    • Contact for pricing

      Middletown Medical Office Suite

      Medical office suite in well-maintained complex with ample parking.
      118 Sandhill Dr, Middletown, DE 19709
      View Details
    • Contact for pricing

      Approved Medical Building Site

      Approved medical building site for sale or lease.
      336 Brick Mill Rd, Middletown, DE 19709
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flex/Office Space in Middletown, DE

      Premier flex and office space in a growing Delaware market.
      126 Patriot Dr, Middletown, DE 19709
      View Details
    • $20 SF/Yr
      4,716 SF

      Middletown Retail/Office Space For Rent

      1,500 SF unit in Middletown's growing business community.
      29 E Main St, Middletown, DE 19709
      View Details
    • Contact for pricing

      Middletown Flex Space For Lease

      3,137 SF flex space in Middletown's newest flex park.
      108 Patriot Dr, Middletown, DE 19709
      View Details
    • Contact for pricing

      Flex Building with Available Unit

      Flex building with units available for lease in Middletown, DE.
      410 Diamond State Blvd, Middletown, DE 19709
      View Details
    View Listing
    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.
    108 Sleepy Hollow Dr
    Middletown, DE 19709
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!