sold > MILFORD SELF STORAGE PROPERTY - 1001 East Masten Circle, Milfor

MILFORD SELF STORAGE PROPERTY - 1001 East Masten Circle, Milford, Kent County, DE 19963

MILFORD CENTRAL STORAGE FRONT VIEW
MILFORD CENTRAL STORAGE FRONT VIEW
MILFORD CENTRAL STORAGE FRONT VIEW
MILFORD CENTRAL STORAGE AERIAL VIEW
MILFORD CENTRAL STORAGE FRONT VIEW SOUTH
MILFORD CENTRAL STORAGE BLDG PLAN
MILFORD CENTRAL STORAGE MARKET AREA MAP
MILFORD CENTRAL STORAGE MARKET AREA AERIAL VIEW
MILFORD CENTRAL STORAGE TAX MAP
MILFORD CENTRAL STORAGE HIGHWAY MARQUIS SIGN
MILFORD CENTRAL STORAGE HIGHWAY ACCESS ROAD
MILFORD CENTRAL STORAGE OUTDOOR STORAGE FUTURE CONSTRUCTION PHASE
MILFORD CENTRAL STORAGE FUTURE CONSTRUCTION PHASE

PROPERTY NAME

MILFORD CENTRAL STORAGE PROPERTY

PRICE

$1,750,000 * $49.44 PSF BLDG AREA

ADDRESS

1001 EAST MASTEN CIRCLE, MILFORD

SUSSEX COUNTY, DELAWARE 19963

PROPERTY TYPE

SELF STORAGE

ALTERNATIVE USES

VACANT LAND OPPORTUNITIES

BUILDING AREA

35,400 +/- SQ FT * FOUR BUILDINGS

BUILDING MIX

FOUR BUILDINGS, ONE OFFICE, TWO APARTMENTS
OUTDOOR STORAGE AREA, FUTURE PHASE AVAILABLE

UNIT MIX

NON-CLIMATE CONTROLLED :
5 X 5; 5 X 10; 10 X 10; 10 X 15; 10 X 20; 10 X 30
CLIMATE CONTROLLED :
5 X 5; 5 X 10; 10 X 10; 10 X 15

SECURITY

CARD - ACCESS 24 – HOUR GATE

COVERAGE RATIO

10.4 % +/-

LAND AREA

7.735 +/- ACRES, 336,940 +/- SQ FT

SELF STORAGE PARCEL

6.896 +/- ACRES, 300,385 +/- SQ FT

SELF STORAGE LOT FRONTAGE

788.4 +/- FEET EAST MASTEN CIRCLE

HIGHWAY ENTRANCE PARCEL

0.839 +/- ACRE, 36,550 +/- SQ FT

HIGHWAY ENTRANCE LOT FRONTAGE

128 +/- FEET U S Route 113

HIGHWAY ENTRANCE LOT DEPTH

500 +/- FEET

ZONING

I1, LIMITED INDUSTRIAL DISTRICT, CITY OF MILFORD
C3, HIGHWAY COMMERCIAL DISTRICT, CITY OF MILFORD

TAX MAP

MD16 – 183.00 - 01 - 01.02 SELF STORAGE PARCEL
MD16 – 183.05 - 01 - 03.02 HIGHWAY ENTRANCE PARCEL

DEED REFERENCE

D321 – 224

FLOOD HAZARD MAP

10005C0037J, Zone X, JANUARY 6, 2005

CENSUS TRACT

434

SCHOOL DISTRICT

MILFORD

CITY TAX ASSESSMENT

$1,316,800 : $37.20 +/- PSF BLDG AREA

CITY TAX RATE

$0.460 / $100

CITY PROPERTY TAX

$6,060 +/- * $0.17 +/- PSF BLDG AREA

COUNTY TAX ASSESSMENT

$514,100 : $15 +/- PSF BLDG AREA

COUNTY TAX RATE

$1.7064 / $100

COUNTY PROPERTY TAX

$8,130 +/- * $0.23 +/- PSF BLDG AREA

 

PROPERTY DESCRIPTION : This Milford Central Storage Property is a 35,400 square foot self storage facility in the Masten Industrial Park in Milford, Kent County, Delaware. There are four buildings operating with 261 storage units, some of which are heated and cooled. There is vacant land for outdoor storage and future construction phases. The property owns the highway access to U S Route 113, including land for a marquis sign fronting the highway. There is an office and two apartments. The property is secured by a 24 – hour, card – access gate. All municipal central utilities are connected.

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.

Phil McGinnis, CCIM, ACoM, GAA, ALC, e-PRO

 

Office :

(302) 736 - 1538

Cell :

(302) 270 - 0656

Fax :

(302) 736 - 2715

Email:

pjm@mcginnisrealty.com

 

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