18 Shea WayNewark, DE 19713

  • Warehouses
  • 22,158 SF
For Lease
$14/SF/YR View listing

Property Details for 18 Shea Way

Year built
1987
Construction
CONCRETE
Property size (Sq ft)
22,158 SF
Zone code
I
Property type
Warehouses
APN
11-006.00-013-C0002
APU
1100600013C0002

Description

This exceptional 3,000 square foot flex space, located at 18 Shea Way, Unit 108/109 in Newark, Delaware, presents a unique opportunity for businesses seeking a versatile and strategically located property. The unit is part of a larger Class B building totaling 24,000 square feet, offering a single-tenant occupancy. The property's flexible design seamlessly blends office and industrial space, catering to a wide range of operational needs. Its prime location in Newark, Delaware, offers unparalleled convenience, with easy access to I-95 and the University of Delaware, ensuring excellent connectivity and a strong talent pool. The single-story building provides efficient workflow and accessibility. This property is perfect for businesses requiring a blend of office and warehouse space, providing ample room for operations and administration. The 19713 zip code ensures a desirable address within a thriving community. This is an exceptional opportunity to secure a well-situated, versatile commercial space in a highly sought-after location. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,839,174
    Hospitality
    $9,928,625
    Educational
    $8,260,500
    Medical
    $8,544,591
    Retail
    $12,849,666
18 Shea Way, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6546
Longitude
-75.7269
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,024
$70,400
$470,300
$540,700
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