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    1200-1400 Peoples Plz Newark, DE 19702

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    For Sale
    Contact for pricing

    Office suites available in busy shopping center near transit.

    Property size:
    547,239 SF

    Property Features for 1200-1400 Peoples Plz

    General Information

    Size
    547,239 SF

    Building Details

    Year built
    1985

    Source: Jim O'Hara, Jr. Agent Jim O'Hara, Jr.

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

    Overview

    Office Space on Pulaski Highway

    Office space is available within a neighborhood shopping center situated along Pulaski Highway (US Route 40). The location offers proximity to restaurants, a movie theatre, and a grocery store, as well as a DART Park & Ride. Medical and general office units are available, with suites ranging in size from approximately 1,605 to 6,624 square feet. Pylon signage is available. The property benefits from on-site management and elevator service. A signalized intersection provides access from all directions. The location is near a Cecil County, MD transit station and offers a strong tenant mix and history. Dart Bus Park & Ride provides service to Kent County and Downtown Wilmington.
    Location Intelligence

    Current Use by Public Records

    Office space

    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
    -75.7504389
    Latitude
    39.6034711

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    FAQs

    What type of property is this?
    Office space - Office suites available in busy shopping center near transit.
    Where is this office space located?
    The property is located at 1200-1400 Peoples Plz Newark, DE.
    What are key features of this property?
    This property features: - Located on busy Pulaski Highway (US Route 40) with high visibility.; - Signalized intersection provides excellent access from all directions.; - Suites ranging from +/- 1,605 - 6,624 SF, suitable for various office needs.
    (302) 584-1632
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    1200-1400 Peoples Plz Newark, DE 19702
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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
    1200-1400 Peoples Plz Newark, DE 19702
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