Large Location Icon

560 Merrimac Ave; Middletown, DE Property Details

560 Merrimac Ave, Middletown, DE is a Warehouse that was built in 2012. This property is currently Financed and is not for sale. Our records show that 560 Merrimac Ave has a total of 516,600 square feet. The lot size of 560 Merrimac Ave is 2,886,286 square feet.

Off market
560 Merrimac Ave Middletown, DE 19709
$141,832,900 Estimated Value
516,600 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2012
  • Purchase Price: $2,730,000
  • Open Loans: 2
  • APN: 23-042.00-003
  • Situs County: New Castle
  • Length Of Ownership: 11 years

Structure

  • Building Style: Concrete
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: C+

Measurements

  • Total: 516,600/SqFt
  • Lot: 2,886,286/SqFt
  • Gross: 516,600/SqFt
  • Living: 516,600/SqFt
  • Building: 516,600/SqFt
  • Ground: 516,600/SqFt
  • Price Per Square Foot: $5.28
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Appoquinimink School District
  • Lat / Lon: 39.438667 / -75.73315
  • Subdivision: Middletown Warehouse Facility
  • Property Class: Industrial
  • Zoning: 23M-I
  • County Use Code: 430

Amenities

  • Plus Four: 4652
  • Cooling: Yes
  • Heating: Yes

Ownership Info

560 Merrimac Ave has no associated ownership info
560 Merrimac Ave has no associated ownership info.

Taxes

560 Merrimac Ave has 7 associated Taxes items

560 Merrimac Ave, Middletown, DE pays taxes in New Castle County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $141,832,900. The APN we've located for 560 Merrimac Ave is 23-042.00-003.

Unlock the full report
Taxes
  • Assessed Value:  $141,832,900
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  23-042.00-003
  • Assessed Land Value:  8613800
  • Tax Amount:  757359.32
  • Tax Year:  2025

Tax History

560 Merrimac Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $141,832,900 Land Value $8,613,800 Improvement Value $133,219,100 Tax Amount $757,359.31 Change Rate -0.163136% Assessed CR Tax Rate +0.00534%
Year 2024 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $904,996.69 Change Rate +11.2784% Assessed CR Tax Rate +0.036835%
Year 2023 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $73,706.4 Change Rate +5.369809% Assessed CR Tax Rate +0.003%
Year 2022 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $11,571.21 Change Rate -0.984338% Assessed CR Tax Rate +0.000471%
Year 2021 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $738,828.06 Change Rate +0.011885% Assessed CR Tax Rate +0.030072%
Year 2020 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $730,150.31 Change Rate -0.026861% Assessed CR Tax Rate +0.029719%
Year 2019 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $750,304.12 Change Rate +0.158657% Assessed CR Tax Rate +0.030539%
Year 2018 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $647,563.5 Change Rate Assessed CR Tax Rate +0.026357%
Year 2017 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount $560,067.94 Change Rate Assessed CR Tax Rate +0.022796%
Year 2015 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,568,800 Land Value $2,481,200 Improvement Value $22,087,600 Tax Amount Change Rate Assessed CR Tax Rate