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    111 Ruthar Dr Newark, DE 19711

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    For Lease
    $14 SF/Yr ($18,900 /Mo)

    3,300 SF flex space with customization options.

    Property size:
    16,200 SF
    Lot size:
    16,200 SF

    Property Features for 111 Ruthar Dr

    General Information

    Size
    16,200 SF

    Building Details

    Year built
    1992

    Source: Jeff Shahan, SIOR Agent Jeff Shahan, SIOR

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

    Overview

    Flex Office Space Available

    This property offers 3,300 square feet of flex office space located on Ruthar Drive, closer to Harmony Road than Red Mill Road. The building is situated in a well-established park and benefits from street visibility. Its masonry and steel construction provides a durable structure. The location offers quick access to Route 273, Route 4, Christiana Care, and all major Interstate highways, including I-95, I-495, and I-295. The space is currently in shell condition, and the landlord is prepared to customize it for a well-qualified tenant with an appropriate lease term. Ample parking is available in this professional building. The flexible zoning allows for a wide array of uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Phar Merica Pharmacy Elaine P. Voit, ... Pharmacy Gloria F. Akinkunmi, ... Pharmacy Wayne C. Sartorio ... Pharmacy Patricia A. Klishevich, RPH Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6914042
    Latitude
    39.6920183

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    FAQs

    What type of property is this?
    Office space - 3,300 SF flex space with customization options.
    Where is this office space located?
    The property is located at 111 Ruthar Dr Newark, DE.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Customizable 3,300 SF flex office space.; - Excellent access to I-95, I-495, I-295, Rt 273, Rt 4, and Christiana Care.; - Ample parking in a professional building.
    (302) 545-2392
    Request Owner's contact information
    111 Ruthar Dr Newark, DE 19711
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    Newark, DE 19711
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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
    111 Ruthar Dr Newark, DE 19711
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