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    296 Churchmans Rd New Castle, DE 19720

    For Lease
    $12 SF/Yr ($1,397 /Mo)

    Flexible office and warehouse space in a prime location.

    Property size:
    1,397 SF
    Lot size:
    2.60 Acres

    Property Features for 296 Churchmans Rd

    General Information

    Size
    1,397 SF
    Lot size
    2.60 Acres

    Source: DSM Commercial Agent Gordon Winegar

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

    Overview

    Office/Warehouse Space Available

    This property offers flexible warehouse space available for lease in a prime, easily accessible location. The suite includes 7-8 offices, a reception area, 2 restrooms, a kitchenette, and a conference room. Approximately 1,400 square feet of warehouse or storage space is included. It is suitable for businesses needing both office and warehouse space. The property offers excellent proximity to Delaware Technical Community College, Christiana Hospital, and the Delaware Memorial Bridge. Upgrades, including new pavement and exterior lighting, are set for completion in fall 2024, enhancing both functionality and curb appeal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ServiceMaster Clean by ... Commercial Cleaning Service ServiceMaster Commercial Services Flooring Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6200313
    Latitude
    39.6736675

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    FAQs

    What type of property is this?
    Flex space - Flexible office and warehouse space in a prime location.
    Where is this flex space located?
    The property is located at 296 Churchmans Rd New Castle, DE.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Includes both office and warehouse/storage space (approximately 1,400 SF).; - Prime, easily accessible location.; - Proximity to Delaware Technical Community College, Christiana Hospital, and the Delaware Memorial Bridge.
    (302) 757-5353
    Request Owner's contact information
    296 Churchmans Rd 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
    296 Churchmans Rd New Castle, DE 19720
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