132 Market St Georgetown, DE 19947-1508
This exceptional 1,500 square foot single-tenant office space is ideally located at 132 E Market St in Georgetown, Delaware, 19947. The property boasts a convenient single-story building with ample space for a variety of commercial uses. The zoning is designated as Commercial, ensuring flexibility for diverse business operations. Currently, the entire 1,500 square feet is vacant, presenting a unique opportunity for immediate occupancy. This prime location offers significant advantages, particularly given the recent construction of a new Family Court just two doors away. This development is expected to generate increased foot traffic and accessibility, creating a highly desirable environment for businesses seeking to establish a presence in the thriving Georgetown community. The strategic proximity to the Family Court presents a compelling opportunity for businesses that cater to legal professionals, support services, or the general public utilizing the court's services. The property's single-tenant occupancy ensures exclusive use and control of the space, providing a seamless and efficient work environment. This is a rare opportunity to secure a well-positioned commercial space in a rapidly developing area of Georgetown, Delaware. Don't miss this chance to capitalize on the growth and increased visibility this location offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TN · Georgetown, DEGeorgetown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.