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Property profile

488 Middletown Warwick Rd Middletown, DE 19709

OFF-MARKET
Strip malls
Property ID
US17-0199650
14,400 SF 2.65 ac lot Built 2004
Last sale Nov 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years.
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Property summary

AI-generated overview

The property is an inline retail space totaling 3,300 square feet, positioned in a commercial district along Middletown Warwick Road and with access from the signalized entrance to Main Street. The site is directly adjacent to M&T Bank at the signalized Main Street entrance and is situated between a Food Lion and an IHOP. The location includes ample parking and is served by nearby signalized access points, with exposure to surrounding retail uses including national and regional tenants in the immediate area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$445k
Assessed land$92k
Assessed improvement$352k
Effective rate3.08%

Value estimate

· Oct 2026
$525k
$473k – $578k
AI approach$525k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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-3
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Kitchen & Bath13.3
Convenience Store11.9

Location

488 Middletown Warwick Rd Middletown, DE 19709
County assessor Recorded deeds · 3 transfers Qualifying 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

2 recorded sales · 10 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4446 Smt Brg, Middletown, DE 19709-9399 $56,350 Aug 2024 2,040 SF
401 Main, Middletown, DE 19709-1491 $13,400 Nov 2019 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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