2323 Dupont HwyNew Castle, DE 19720

Property Details for 2323 Dupont Hwy

Year built

1983

Construction

STONE

Lot size

2.56 AC

Property size (Sq ft)

3,890 SF

Zone code

CR

Property type

Office properties

APN

10-010.00-004

APU

1001000004

Description

This exceptional commercial property in New Castle, Delaware, presents a unique investment opportunity for owner-users. The property encompasses two buildings totaling 22,000 square feet situated on a 2.5-acre lot. Building one, ideally suited for retail storefront use, enjoys high visibility on North DuPont Highway (Route 13), a major thoroughfare boasting an estimated 70,000+ vehicles per day. The second building, positioned at the rear of the lot, is configured for flex, storage, or warehouse operations, offering ample space for diverse business needs. Built in 1983, this Class C property features six dock-high doors, providing efficient loading and unloading capabilities. Its strategic location between the I-295 and I-495 interchange ensures excellent accessibility and connectivity. The property is zoned for Commercial Regional use, offering flexibility for a range of commercial ventures. This dual-building configuration provides a versatile space for businesses requiring both retail presence and substantial warehouse or storage capacity. The property's size, location, and zoning make it an attractive option for a variety of businesses seeking a prominent location in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,662,477

  6.5%

  $1,534,594

  7%

  $1,424,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $824,967

  Geo Method

  $508,267

• Alternative Use

  Use

  Valuation

  Residential

  $1,902,897

  Hospitality

  $1,743,043

  Educational

  $1,450,192

  Medical

  $1,500,066

  Retail

  $2,255,854

Location Insight

City

New Castle

County

New Castle

State

Delaware

Latitude

39.7062

Longitude

-75.5685

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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