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    Property profile & analytics

    231 Carter Dr Middletown, DE 19709-5833

    • Commercial land
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US17-0040914
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for 231 Carter Dr

    Lot size
    0.22 lot acres
    Zone code
    23R-1B
    Property type
    Commercial land
    APN
    23-032.00-093
    APU
    2303200093

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7227
    Latitude
    39.474
    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
    $121
    $3,900
    $0.00
    $3,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      317 Auto Park Dr

      VACANT COMMERCIAL LAND • 1.00 Acre
      317 Auto Park Dr, Middletown, DE 19709-9983
      View Details
    • Value Estimation by Request
      0.34 Acres

      211 Carter Dr

      VACANT COMMERCIAL LAND • 0.34 Acres
      211 Carter Dr, Middletown, DE 19709-5833
      View Details
    • Value Estimation by Request
      4.26 Acres

      431 Middletown Warwick Rd

      VACANT COMMERCIAL LAND • 4.26 Acres
      431 Middletown Warwick Rd, Middletown, DE 19709-9196
      View Details
    • Value Estimation by Request
      4.91 Acres

      457 Middletown Warwick Rd

      VACANT COMMERCIAL LAND • 4.91 Acres
      457 Middletown Warwick Rd, Middletown, DE 19709-9196
      View Details
    • Value Estimation by Request
      1.02 Acres

      119 Patriot Dr

      VACANT COMMERCIAL LAND • 1.02 Acres
      119 Patriot Dr, Middletown, DE 19709-8761
      View Details
    • Value Estimation by Request
      2.20 Acres

      102 Patriot Dr

      VACANT COMMERCIAL LAND • 2.20 Acres
      102 Patriot Dr, Middletown, DE 19709-8762
      View Details

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      Entitled graded site with infrastructure in place in Middletown, DE.
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      Fully entitled graded site with multiple building options available.
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    Similar Nearby for Lease

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      Commercial Land Near Christiana Care

      Located near hospital and major retailers in Middletown, Delaware.
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      Commercial Land Near Christiana Care

      Land available for rent near hospital and retail.
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      Development Land in Middletown, DE

      3.11 +/- acres of development land for lease.
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      Commercial Land for Lease

      Located near retail, hospital, and police station.
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      Prime Land in Booming Middletown

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      43 SF

      Middletown Industrial Land For Lease

      43.67 acres of industrial land approved for rail.
      1035 Industrial Dr, Middletown, DE 19709
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    231 Carter Dr
    Middletown, DE 19709-5833
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    Realmo Value Estimation

    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.

    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.

    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
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