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    101 A Lukens Dr New Castle, DE 19720

    For Lease
    $18 SF/Yr

    20,000 SF office and warehouse near major highways.

    Property size:
    45,158 SF
    Lot size:
    45,158 SF

    Property Features for 101 A Lukens Dr

    General Information

    Size
    45,158 SF

    Building Details

    Year built
    1983

    Source: Jeff Shahan, SIOR Agent Jeff Shahan, SIOR

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

    Overview

    Spacious Office and Warehouse Space

    This property features 20,000 square feet of office space with an open floor plan and glass-partitioned offices. It is situated in Riveredge Park, at the base of the Delaware Memorial Bridge, with access to I-95, 495, 295, SR1, and SR13. The location is approximately five minutes from the city of Wilmington, 30 minutes from Philadelphia, one hour from Baltimore/DC, and two hours from NYC. The property includes six glass-partitioned offices, one glass-partitioned conference room, and a training room. There is also a large, open break/lunch room and two multi-stall restrooms, each with a dedicated handicap-accessible restroom and roll-in showers. The warehouse space measures 80 feet by 120 feet, with a 25-foot clearance to the ceiling and a 16-foot clearance to the bottom of the heaters. The property is located within the municipal city limits of the City of New Castle and is available immediately.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6041
    Latitude
    39.6483

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    FAQs

    What type of property is this?
    Office space - 20,000 SF office and warehouse near major highways.
    Where is this office space located?
    The property is located at 101 A Lukens Dr New Castle, DE.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location at the base of the Delaware Memorial Bridge with immediate access to I-95, 495, 295, SR1, and SR13, offering exceptional connectivity to major cities.; - 20,000 SF office space featuring a flexible open floor plan and six glass-partitioned offices.; - Includes an 80' x 120' warehouse space with 25' ceiling clearance.
    (302) 545-2392
    Request Owner's contact information
    101 A Lukens 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
    101 A Lukens Dr New Castle, DE 19720
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