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    500-660 Plaza Dr Newark, DE 19702

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    For Lease
    $20 SF/Yr ($9,166 /Mo)

    Retail spaces available in high-visibility neighborhood shopping center.

    Property size:
    5,500 SF
    Lot size:
    15.87 Acres

    Property Features for 500-660 Plaza Dr

    General Information

    Size
    5,500 SF
    Lot size
    15.87 Acres

    Source: LMT Commercial Realty / CORFAC International Agent Tyler Foresta

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

    Overview

    Retail Space in Four Seasons

    Retail spaces are available for rent within Four Seasons Plaza, a neighborhood retail center. The property is located on Route 40, situated between I-95 and 896. The location benefits from high visibility, with a traffic count of approximately 22,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7452908
    Latitude
    39.6276342

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in high-visibility neighborhood shopping center.
    Where is this shopping center located?
    The property is located at 500-660 Plaza Dr Newark, DE.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on Route 40.; - 22,000 +/- vehicles passing per day.; - Located in Four Seasons Plaza neighborhood retail center.
    (302) 584-8615
    Request Owner's contact information
    500-660 Plaza Dr Newark, DE 19702
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    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
    500-660 Plaza Dr Newark, DE 19702
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