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    361 Lisa Dr New Castle, DE 19720

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    For Sale
    Contact for pricing

    Approved site for a 125,000 SF warehouse with immediate highway access.

    Property size:
    23 SF
    Lot size:
    23.00 Acres

    Property Features for 361 Lisa Dr

    General Information

    Size
    23 SF
    Lot size
    23.00 Acres
    Source: Tcnworldwide

    Listing Agent: William Sitar Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse Site Ready For Development

    This site is available for ground lease or build-to-suit development of a ±125,000 square foot warehouse. The property benefits from immediate access to the highway system and is located behind the Airport Business Center, directly off Route 273 in New Castle, Delaware. It is situated within minutes of Route 1, I-95, I-295, and I-495, and approximately 15 minutes from downtown Wilmington, DE. The site is fully approved for a 125,000 square foot warehouse and is zoned "I" Industrial. The location is within a corporate park and features a Class A design. Parking includes 144 car spaces and 34 trailer positions, consisting of 32 docks and 2 drive-in doors. The warehouse design specifies a 40-foot clear height, ESFR fire sprinkler system, and LED lighting. The location is private and secure, and less than 2 miles from New Castle Airport. The property size is 23 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    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
    -75.6097956
    Latitude
    39.6551675

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    FAQs

    What type of property is this?
    Commercial land - Approved site for a 125,000 SF warehouse with immediate highway access.
    Where is this commercial land located?
    The property is located at 361 Lisa Dr New Castle, DE.
    What are key features of this property?
    This property features: - Fully approved for a 125,000 SF Class A warehouse, build-to-suit.; - Immediate access to major highways (Route 1, I-95, I-295, I-495).; - Benefit from 34 trailer positions (32 docks/2 drive-ins).
    (973) 202-9119
    Request Owner's contact information
    361 Lisa Dr 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
    361 Lisa Dr New Castle, DE 19720
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