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Property profile & analytics
FOR SALE
Commercial real estate

8991 Redden Rd Bridgeville, DE 19933

2 ac lot
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US17-0493990
Property summary
AI-generated overview

This exceptional 4,200 square foot commercial office building presents a unique investment opportunity. Situated on two acres of land in Bridgeville, Delaware, this C-1 zoned property boasts a highly desirable location on a major north-south corridor with an AADT exceeding 23,500 vehicles. The building features 200 feet of frontage on Sussex Highway and 410 feet on Redden Road, providing excellent visibility and accessibility. The property includes a mirrored floor plan, suitable for multiple office businesses. Existing medical and office equipment and furnishings may be included in the sale. The building offers five restrooms (including ADA-compliant options), four entries (two ADA-compliant, one with a power assist), dual electric meters, and ample parking, including designated handicapped spaces. A large two-door block garage and a chain-link fenced area for RV parking or additional construction are located at the rear. The property is outside city limits, eliminating municipal taxes, with annual county taxes totaling $3,200. A four-way signaled intersection ensures easy ingress and egress. The building is in excellent condition, rated A or B+, with a pre-installed stormwater pond. The property includes a substantial 4,400-gallon sand-lined Cap & Fill septic system and a well. The layout allows for the potential to lease out unused space for additional income. Ideal for a variety of uses, including professional offices, medical practices, or educational institutions.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2 ac (87,120 SF)
Zoning code C-1
APN 131-10.00-89.01
UPID US17-0493990
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
Current use
Occupant on record · Public records
  • Internal Medicine of Bridgeville Medical Clinic
  • Dr. Danial L. Chan, MD Physician
  • Mr. Kenneth Smith Physician
  • Orandorf Faye Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sds Limited Liability Co · 19 yrs held
Sds Limited Liability Co
since 2007
1 recorded transaction
2007
$660,000
Zoning & alternative use
C-1 · Bridgeville, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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