Bought with Wesley Cox • SVN/Miller Commercial Real Estate
$3,250,000
$3,600,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
101 PARK AVE Seaford, DE 19973
2.83 Acres Lot
Key Details
Sold Price $3,250,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DESU2087652
Sold Date 02/06/26
Year Built 1999
Annual Tax Amount $12,292
Tax Year 2024
Lot Size 2.830 Acres
Acres 2.83
Lot Dimensions 0.00 x 0.00
Property Sub-Type Industrial
Source BRIGHT
Property Description
NNN Leased Industrial Investment property in Seaford, DE in the Seaford Industrial Park. Current income is $290,623. Tenants reimburse for taxes and insurance. 2 strong tenants. Offered at an 8% cap rate.
Seaford, DE is business friendly with no inventory tax and no sales tax. Economic Incentives are offered through the City of Seaford. Located in the Opportunity Zone.
Property consists of 5 buildings totaling 42,660 square feet.
Building 1 - All office / showroom - fully conditioned - 1 overhead door and 1 restroom
Building 2 - 21' ceiling with 20 x 40 heated and cooled office. Offers 1 restroom. 3 Drive-in Doors
Building 3 - 21 ceiling height. Natural gas suspended heaters. Small office with heat & air and restrooms. 3 Drive-in doors
Building 4 - 21- ceiling height. Natural gas heaters. No office area. 3 Drive-in doors
Building 5 - 21' ceiling height. Natural gas suspended heaters. Small office with heat & air and 2nd office space with air and portable heat when needed.
All buildings are well insulated with concrete floors.
Location
State DE
County Sussex
Area Seaford Hundred (31013)
Zoning M-1 LT INDUSTRIAL
Interior
Hot Water Electric
Heating Heat Pump(s), Other
Cooling Zoned
Flooring Concrete
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 40.0
Utilities Available Natural Gas Available
Water Access N
Roof Type Metal
Accessibility Level Entry - Main
Total Parking Spaces 40
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Seaford
Others
Tax ID 531-10.00-236.09
Ownership Fee Simple
Security Features Security System,Surveillance Sys
Special Listing Condition Standard
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