This exceptional Class A industrial property, located at 361 Lisa Drive in New Castle, Delaware, presents a unique investment opportunity. The expansive 125,000 square foot warehouse sits on a substantial 23-acre lot, offering significant potential for various industrial uses. The property boasts a 40-foot ceiling height, providing ample vertical space for storage and operations. Access is enhanced by 32 loading docks and 2 drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 144 spaces. The property is zoned "I" Industrial, allowing for a wide range of industrial activities. The building is currently vacant, presenting a blank canvas for a build-to-suit project or a ground lease opportunity. Conveniently located near Route 13 in New Castle County, Delaware, this property offers excellent access to major transportation routes. The property's size and features make it ideal for large-scale distribution, manufacturing, or warehousing operations. This is a rare opportunity to acquire a significant industrial asset in a prime location. The property is situated in New Castle, DE, zip code 19720. Multiple tenants are possible.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$503,094,624
Hospitality
$460,831,968
Educational
$383,406,784
Medical
$396,592,736
Retail
$596,410,560
Location Insight
City
New Castle
County
New Castle
State
Delaware
Latitude
39.6554
Longitude
-75.6095
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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