5350 Summit Bridge Rd Middletown, DE 19709
Property profile & analytics
5350 Summit Bridge Rd, Middletown, DE 19709
- Investment properties
- 25,000 SF
- 3.50 lot acres
Property ID
US17-0209059
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Broad Street Barbershop / Barber Shop
- Pizza Di Napoli / Restaurant
- Hong Kong / Restaurant
- Affinity Wellness & Consultants / Physician / Alternative Medicine Practice
- TechNowzi / Telecommunications Service / Data Center
Property Details for 5350 Summit Bridge Rd
- Year built
- 2006
- Construction
- ADOBE
- Lot size
- 3.50 lot acres
- Zone code
- 23C-2
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 23-013.00-048
- APU
- 2301300048
Description
Cricklewood Grove, located at 5350 Summit Bridge Rd, Middletown, DE 19709, offers a diverse range of office spaces for lease. This Class B property, built in 2006, comprises two two-story buildings totaling 40,000 square feet on 3.5 acres of land. The property features a variety of suite sizes, with a minimum divisible space of 1,665 square feet and a maximum contiguous space of 2,200 square feet. Currently, 7,250 square feet are available across eight total suites. The property is zoned 23C-2 - DOWNTOWN COMMERCIAL and offers convenient access to major roadways including Route 71, Route 299/301, and Route 1, placing it within easy reach of Townsend, Odessa, and Smyrna. Amenities include one elevator. The property is ideal for various office uses, including traditional, executive, coworking, medical, and creative office spaces. Its suburban setting provides ample parking. The property boasts a strong tenant mix within Middletown's city limits. This is a prime opportunity for businesses seeking high-quality office space in a strategic location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,245,000
- 6.5%
- $3,920,000
- 7%
- $3,640,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,556,000
Market price range: $1.83M - $4.76M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- New Castle
- State
- Delaware
- Longitude
- -75.7125
- Latitude
- 39.4338
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,280
$152,500
$890,500
$1,043,000
-
$0.00
$0.00
$0.00
