2961 Centerville RdMarshallton, DE 19808

Property Details for 2961 Centerville Rd

Year built

2007

Construction

CONCRETE

Lot size

3.45 AC

Property size (Sq ft)

15,150 SF

Zone code

OR

Property type

Office properties

APN

07-031.00-008

APU

703100008

Description

This exceptional Class A office building, located at 2961 Centerville Road in Marshallton, Delaware (zip code 19808), presents a unique opportunity. The property boasts a total of 46,306 square feet across three stories, constructed in 2007. Currently, 5,500 square feet of prime office space is available for lease in this multi-tenant building. Situated on a 3.45-acre lot, this property offers ample parking and visibility. The building's traditional office design is perfect for a variety of businesses, from established corporations seeking to expand their footprint to innovative startups looking for a dynamic workspace. Its prestigious address in New Castle County enhances brand image and provides easy access to key transportation routes. The property's modern amenities and functional layout cater to the needs of today's businesses, making it an ideal location for law firms and other professional offices. The building's APN is 07-031.00-008. This is a rare opportunity to secure high-quality office space in a desirable location. Inquire today to learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $6,474,686

  6.5%

  $5,976,633

  7%

  $5,549,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,212,916

  Geo Method

  $1,979,499

• Alternative Use

  Use

  Valuation

  Residential

  $7,411,025

  Hospitality

  $6,788,459

  Educational

  $5,647,918

  Medical

  $5,842,159

  Retail

  $8,785,651

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7614

Longitude

-75.6253

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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