Industrial For Sale > McDANIEL BUSINESS PK PROPERTY-1277 McDaniel Dr, Dover, DE 19901

McDANIEL BUSINESS PARK PROPERTY-1277 McDaniel Drive, Dover, Kent County, DE 19901

McDANIEL BUSINESS PARK PROPERTY FLEX RENTALS
McDANIEL BUSINESS PARK PROPERTY FLEX RENTALS
McDANIEL BUSINESS PARK PROPERTY FLEX RENTALS
McDANIEL BUSINESS PARK PROPERTY BREWERY RENTAL
McDANIEL BUSINESS PARK PROPERTY AERIAL VIEW
McDANIEL BUSINESS PARK PROPERTY MARKET AREA MAP
McDANIEL BUSINESS PARK PROPERTY TAX MAP
McDANIEL BUSINESS PARK PROPERTY OFFICE RENTALS

PROPERTY NAME

MCDANIEL BUSINESS PARK PROPERTY

PRICE

$4,600,000 * $105 +/- PSF BLDG AREA

ADDRESS

1277-1305 McDANIEL DRIVE

DOVER, KENT COUNTY, DELAWARE 19901

PROPERTY TYPE

INDUSTRIAL INVESTMENT PROPERTY

GROSS INCOME - PGI

$454,542 PER YEAR * $10.29 +/- PER SQ FT

OPERATING EXPENSES

$84,458 PER YEAR * $1.91 +/- PER SQ FT

NET OPERATING INCOME

$369,084 PER YEAR * $8.36+/- PER SQ FT

YIELD

8.0 % CAP

TOTAL BUILDING AREA

44,140 +/- SQ FT

% OCCUPIED

FULLY OCCUPIED

TOTAL LAND AREA

42.12 ACRES

DEVELOPABLE BUILDING AREA

200,000 +/- SQUARE FEET

ZONING

IPM CITY OF DOVER

TAX MAP

ED05 – 077.12 – 01 – 13.00 - 00001

SCHOOL DISTRICT

CAPITAL

FLOOD ZONE

MAP 10001C0188H, 5/5/03, ZONE X

CENSUS TRACT

410

CITY TAX ASSESSMENT

$2,730,400 : $61.85 +/- PSF

CITY TAX RATE

$0.405 / $100

CITY PROPERTY TAX

$11,058.12 +/- : $0.25 PSF

COUNTY TAX ASSESSMENT

$677,400 : $15.34 +/- PSF

COUNTY TAX RATE

$2.2549 / $100

COUNTY PROPERTY TAX

$15,274 +/- : $0.35 +/- PSF

 

PROPERTY DESCRIPTION : This industrial park income property is located two miles from the South Dover Route 1 Interchange at the intersection of South Little Creek Road and Horsepond Road in Dover, Delaware. The 44,140 square feet of building space is fully occupied. Over 42 acres to build additional warehouse or other industrial uses. Cap rate is 7.5%. This property is easily accessible to all areas of the State. Available Immediately.

ALL INFORMATION SUBMITTED SUBJECT TO ERRORS AND MODIFICATIONS. ALL INFORMATION CONTAINED HEREIN OBTAINED FROM RELIABLE SOURCES BUT NOT GUARANTEED. PROSPECTIVE PURCHASERS SHOULD VERIFY ALL INFORMATION SUBMITTED. LISTING BROKERAGE REPRESENTS SELLER.

Chuck Spiegelman, Associate Broker

 

Office :

(302) 736 – 2710

Cell :

(302) 632 - 0859

Fax :

(302) 736 - 2715

Email:

cs@mcginnisrealty.com

 

555 East Loockerman St. Dover, Delaware 19901 • Phone:302.736.2710 Fax: 302.736.2715
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