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Property profile & analytics
OFF-MARKET
Industrial properties

320 Mullet Run Milford, DE 19963

16,064 SF Built 2024
Property ID
US17-0168779
Property summary
AI-generated overview

This exceptional 16,064 square foot flex space industrial property at 320 Mullet Run in Milford, Delaware (zip code 19963) offers 11 available suites, ranging from a minimum of 1,424 square feet to a maximum contiguous space of 16,064 square feet. The property, built in 2024, consists of three single-story buildings and provides ample parking with 30 total spaces. The flexible layout caters to diverse business needs, making it ideal for a variety of uses. Located in a prime location with excellent access to major transportation routes (Route 113, Route 15, and Route 14), this property benefits from its strategic position between north-south and east-west corridors in lower Delaware. The zoning is BP. The complex enjoys a desirable location near the Milford Business Complex and Independence Commons, which includes the Delaware Veterans Home, Delaware Hospice, the Greater Milford Boys and Girls Club, and several office buildings. Currently, all 16,064 square feet are vacant and ready for immediate occupancy. Individual units range from 1,424 to 12,816 square feet, with two additional units ranging from 1,624 to 3,248 square feet available for lease at $1,624 per month each. Each unit includes a common area maintenance (CAM) charge of $1.60 per square foot. All units feature roll-up doors. The property is expected to be fully leased within the next month.

Property profile
Verified
Property type Industrial properties
Year built 2024
Total area 16,064 SF
UPID US17-0168779
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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