701 BroadMiddletown, DE 19709

  • Office properties
  • 2,960 SF
Off market
$8,444,348 Estimated

Property Details for 701 Broad

Year built
2000
Construction
CONCRETE
Lot size
23.55 AC
Property size (Sq ft)
2,960 SF
Zone code
23C-3
Property type
Office properties
Property subtype
Other office properties
APN
23-003.00-001
APU
2300300001
701 Broad, Middletown, Delaware

PT Realty Valuation

  • Cap approach

    6%
    $1,265,021
    6.5%
    $1,167,712
    7%
    $1,084,304
  • Alternative use approach

    Residential
    $1,447,963
    Hospitality
    $1,326,326
    Educational
    $1,103,488
    Medical
    $1,141,438
    Retail
    $1,716,536
  • Comp approach

    Method 1
    $627,738
    Method 2
    $386,754

Location Insight

City
Middletown
County
New Castle
State
Delaware
Latitude
39.4595
Longitude
-75.7183
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $6,493,900
  • Assessed land value
    $484,900
  • Assessed value
    $6,978,800
  • Tax year
    2023

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