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    2994 New Castle Ave New Castle, DE 19720

    For Sale
    $1,000,000

    UnimprovedLand - NEW CASTLE, DE

    Property size:
    2,721 SF
    Lot size:
    1.51 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 2994 New Castle Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,721 SF
    Lot size
    1.51 Acres

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1984
    Roof type
    Shingle
    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Georgette Balback (302) 999-9999

    Listing date Nov 24, 2025

    MLS# DENC2000685 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Pad Sites Available

    This commercial property features 1.5 +/- acres of land, suitable for land lease. The site benefits from high traffic counts and is located near the interchange of Route I 295 and Route 40, Delaware 9, and the Delaware Memorial Bridge. A building of over 2700 square feet is currently situated on the property. The location offers possibilities for retail or office businesses. Interested parties should consult with New Castle for by-right uses. The property is positioned in an area with new businesses. A long-term lease is preferred.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.55189
    Latitude
    39.69894

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    FAQs

    What type of property is this?
    Commercial land - 1.5+/- acre commercial land for lease in prime location.
    Where is this commercial land located?
    The property is located at 2994 New Castle Ave New Castle, DE.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime location with 1.5 +/- acre pad sites for land lease.; - Seconds from major highways: Rt. I 295 & Rt 40 interchange, De. 9, and Delaware Memorial Bridge.; - High traffic count for maximum business exposure.
    (302) 999-9999
    Request Owner's contact information
    2994 New Castle Ave New Castle, DE 19720
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    New Castle, DE 19720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2994 New Castle Ave New Castle, DE 19720
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