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    100-950 Peoples Plz Newark, DE 19702

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    For Sale
    Contact for pricing

    Retail property with strong tenant history and convenient Park & Ride.

    Property size:
    547,239 SF

    Property Features for 100-950 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

    Peoples Plaza Retail Opportunity

    Located at 100-950 Peoples Plaza in Newark, Delaware, this retail property offers a leasing opportunity. The property, with a size of 547239 square feet, has a strong tenant history. A Park & Ride located in the center enhances accessibility for both tenants and customers. Situated minutes from the Maryland border, the location benefits from tax-free shopping, which may attract businesses and customers. The property is located along Pulaski Highway (US Route 40) and features multiple signalized access intersections, providing access from both westbound and eastbound traffic. Hodgson Vo-Tech High School and Canal Little League are located across the street.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    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.

    Similar Places Nearby

    People's Plaza, Coinstar Kiosk | Bitcoin ATM, Peoples Plaza, 100 Pencander Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7465823
    Latitude
    39.6009125

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    FAQs

    What type of property is this?
    Shopping center - Retail property with strong tenant history and convenient Park & Ride.
    Where is this shopping center located?
    The property is located at 100-950 Peoples Plz Newark, DE.
    What are key features of this property?
    This property features: - Prime location on Pulaski Highway (US Route 40) with high traffic volume.; - Tax-free shopping minutes from the Maryland border.; - Park & Ride in the center for convenient accessibility.
    (302) 584-1632
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    100-950 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
    100-950 Peoples Plz Newark, DE 19702
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