Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2044 New Castle Ave New Castle, DE 19720

    For Lease
    Contact for pricing

    Retail opportunity in redeveloped shopping center near I-295.

    Property size:
    21,000 SF
    Lot size:
    8.26 Acres

    Property Features for 2044 New Castle Ave

    General Information

    Size
    21,000 SF
    Lot size
    8.26 Acres

    Source: Equity CRE Agent Keith Seymour

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

    Overview

    Grocery Anchored Shopping Center Redevelopment

    This property is part of a planned redevelopment of a grocery-anchored shopping center. It features excellent parking and great visibility. The location is proximate to I-295 North and Southbound entry/exits, specifically the final exit in Delaware before the Delaware Memorial Bridge. It serves the densely populated communities of New Castle and South Wilmington. The submarket offers limited retail opportunities for new tenants. Area tenants include CVS, Rite Aid, Bowlerama, McDonald’s, Royal Farms, Starbucks, and Family Dollar. The location can serve as an alternate or supplement to the Route 13 retail corridor. The property size is 21000 square feet.
    Location Intelligence

    Current Use by Public Records

    WSFS ATM Atm Vigo Money Transfer Service Super G Market ... Supermarket

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    New Castle Plaza, Suplai Mater!il Delagure, Crossroads Plaza

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5564999
    Latitude
    39.6917017

    Nearby Similar for Lease

    • $23,971
      109,771 SF

      Versatile Commercial Space Available

      24,000 sq ft retail/warehouse space with flexible subdivision options.
      791 S Dupont Hwy, New Castle, DE 19720
      View Details
    • Contact for pricing
      36,000 SF

      New Castle Industrial Property

      Strategically located industrial property with easy access to major transportation routes.
      4060 N Dupont Hwy, New Castle, DE 19720
      View Details
    • Contact for pricing
      81,225 SF

      New Castle Industrial Facility

      81,225 SF industrial facility with warehouse and office space.
      901 A/B Lambson Ln, New Castle, DE 19720
      View Details
    • $7 SF/Yr
      21,000 SF

      Adaptable Warehouse with Lab Space

      Sublease opportunity: flexible space near I-95 in New Castle.
      New Castle, DE 19720
      View Details
    • $20 SF/Yr
      1,000 SF

      Retail Space in Penn Mart

      Bustling retail hub with national tenants in New Castle.
      106 Penn Mart Shopping Ctr, New Castle, DE 19720
      View Details
    • $20 SF/Yr
      2,188 SF

      Retail Space in Penn Mart

      Retail space available in bustling New Castle shopping center.
      1 Penn Mart Shopping Ctr, New Castle, DE 19720
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail opportunity in redeveloped shopping center near I-295.
    Where is this shopping center located?
    The property is located at 2044 New Castle Ave New Castle, DE.
    What are key features of this property?
    This property features: - Planned re-development of grocery anchored shopping center.; - Excellent parking and great visibility.; - Located proximate to I-295 North and Southbound entry/exits.
    (610) 645-7700
    Request Owner's contact information
    2044 New Castle Ave New Castle, DE 19720
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2044 New Castle Ave
    New Castle, DE 19720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2044 New Castle Ave New Castle, DE 19720
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.