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Property profile & analytics
FOR LEASE
Industrial properties
25414 Primehook Rd Milton, DE 19968
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US17-0309722
For Lease
1 / 2
$8 SF/Yr
25414 Primehook Rd, Milton, DE 19968
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
10.17 ac (443,005 SF)
Zoning code
AR-1
APN
230-22.00-42.00
UPID
US17-0309722
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Core & Main Water Works Equipment Supplier Distribution Service
-
ABC Supply Co., Inc. Big Box & Wholesale Store Building Supply
-
Traditional MetalCraft General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Johnson Associates LLC · 19 yrs held
The Johnson Associates LLC
since 2007
4 recorded transactions
Zoning & alternative use
AR-1 · Milton, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,873
Tax year 2023
Assessed value
$301,750
Assessed 2024
Previous assessed
$301,750
+0.0% YoY
Effective rate
4.93%
On assessed value
Assessed land
$25,450
Assessed improvement
$276,300
Land market value
$50,900
Improvement market value
$552,600
Total market value
$603,500
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Heating
NONE
Lot
10.17 ac (443,005 SF)
Zoning code
AR-1
APN
230-22.00-42.00
UPID
US17-0309722
Jurisdiction
SUSSEX
Zoning & alternative use
AR-1 · Milton, DE
Zoning AR-1 · permitted uses
AR-1 · Milton, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
10.17 ac
Current owner
From public records · entity-resolved
The Johnson Associates LLC
Entity
Free & Clear · 19 yrs held
Mailing address
119 COURSEY ML RD, FELTON, DE 19943-4338
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2007
—
The Johnson Associates LLC
Sopb Exchangors LLC
Grant Deed
related
—
Jan 4, 2007
$2,500,000
Sopb Exchangors LLC
Giuliano,alfred T
Deed Of Trust
related
$2,500,000 · Artisans Bank
Jul 22, 2005
$2,000,000
Glenn & Glenn LLC
Shore Properties Partnership
Grant Deed
$2,000,000 · Artisans Bank
—
—
Johnson Assoc LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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