Financial
Distress signals
Property profile

423 Broad St Middletown, DE 19709

OFF-MARKET
Retail space
Property ID
US17-0148086
3,774 SF 0.29 ac lot Built 1916
Last sale Jan 2026
Individually Owned Owner of record is an individual.
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Property summary

AI-generated overview

This exceptional 10,166 square foot retail space is ideally situated at 423 N. Broad Street in Middletown, Delaware, within the vibrant 23C-2 Downtown Commercial zoning district. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of commercial ventures. The entire building is currently vacant, presenting a unique opportunity for a business seeking immediate occupancy. The generous lot size of 0.29 acres provides ample space for potential expansion or

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$274k
Assessed land$13k
Assessed improvement$261k
Effective rate3.08%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$229/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$117 – $332

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
23C-2
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.7
Parking Facility9.7
Convenience Store9.5

Location

423 Broad St Middletown, DE 19709-1092
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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