527 Stanton Christiana RdNewark, DE 19713

Property Details for 527 Stanton Christiana Rd

Year built

1992

Construction

CONCRETE

Lot size

0.95 AC

Property size (Sq ft)

4,335 SF

Zone code

ON

Property type

Office properties

Property subtype

Other office properties

APN

09-011.00-075

APU

901100075

Description

This attractive, well-maintained two-story office building in Newark, Delaware offers two available spaces, ranging from 113 to 816 square feet. Located at 527 Stanton Christiana Road, 19713, this traditional office building provides a modern and adaptable workspace. The building's prime location at the intersection of Routes 4 and 7, near I-95, ensures exceptional accessibility and high visibility for businesses. Excellent signage opportunities are also available, enhancing the property's marketing potential. The building is situated in New Castle County and is ideal for businesses seeking a professional and convenient location. The multiple tenancy structure allows for flexibility in space requirements. This property presents a compelling opportunity for businesses seeking a well-maintained, easily accessible office space in a thriving Delaware community. The building's design and location combine to create a professional and appealing environment for employees and clients alike. The available spaces are ready for immediate occupancy, offering a seamless transition for businesses looking to relocate or expand. Interested parties are encouraged to inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,852,658

  6.5%

  $1,710,146

  7%

  $1,587,992

• Comparable approach

  Method

  Valuation

  Relative Method

  $919,339

  Geo Method

  $566,411

• Alternative Use

  Use

  Valuation

  Residential

  $2,120,580

  Hospitality

  $1,942,440

  Educational

  $1,616,088

  Medical

  $1,671,667

  Retail

  $2,513,914

Location Insight

City

Newark

County

New Castle

State

Delaware

Latitude

39.6975

Longitude

-75.6525

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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