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Property profile & analytics
FOR LEASE
Commercial real estate
301 SE 4Th St Milford, DE 19963
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US17-0327594
For Lease
1 / 13
$7 SF/Yr
301 SE 4Th St, Milford, DE 19963
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
4.85 ac (211,266 SF)
Zoning code
TN
APN
330-11.05-119.00
UPID
US17-0327594
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.12M
Owner & transaction history
Opportunity Street LLC · 3 yrs held
Opportunity Street LLC
since 2022
Last sale
$4.8M
6 recorded transactions
Zoning & alternative use
TN · Milford, 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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
Method
Estimation
Statistic approach
$5,310,000
ML approach
$5,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.12M
Range $4.61M – $5.63M · ±10% · vs last sale $4.80M (Dec 22 2022)
Last sale anchor
$4.80M
Dec 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$12,186
Tax year 2023
Assessed value
$227,500
Assessed 2024
Previous assessed
$227,500
+0.0% YoY
Effective rate
5.36%
On assessed value
Assessed land
$12,000
Assessed improvement
$215,500
Land market value
$24,000
Improvement market value
$431,000
Total market value
$455,000
Applied tax rate
4.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Lot
4.85 ac (211,266 SF)
Zoning code
TN
APN
330-11.05-119.00
UPID
US17-0327594
Jurisdiction
SUSSEX
Zoning & alternative use
TN · Milford, DE
Zoning TN · permitted uses
TN · Milford, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
4.85 ac
Current owner
From public records · entity-resolved
Opportunity Street LLC
Entity
Mailing address
150 W MARKET ST STE #101, SALISBURY, MD 21801-5138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$4,800,000
Opportunity Street LLC
Growusa LLC
Deed
$3,600,000 · Shore United Bank
May 29, 2020
—
Growusa LLC
—
Deed
related
$250,000 · Hebron Svgs Bk
Jan 22, 2019
—
Growusa LLC
—
Deed
related
$1,410,000 · Hebron Savings Bank
May 5, 2016
—
Growusa LLC
—
Deed
related
$550,000 · Wilmington Savings Fund Society Fsb
Oct 5, 2010
$740,000
Growusa LLC
I C Isaacs & Co LP
Grant Deed
—
—
—
Growusa LLC
—
Loan Modification
related
$250,000 · Hebron Svgs Bk
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
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