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    2860 Ogletown Rd Newark, DE 19713

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    For Lease
    $12 SF/Yr ($1,000 /Mo)

    Industrial space for lease near I-95 and University of Delaware.

    Property size:
    1,000 SF
    Lot size:
    4.55 Acres

    Property Features for 2860 Ogletown Rd

    General Information

    Size
    1,000 SF
    Lot size
    4.55 Acres

    Source: DSM Commercial Agent Andy Fox

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

    Overview

    Industrial Space in Newark, DE

    Industrial space is available for lease at GFP Business Park in Newark, DE, with units starting at 1,000 square feet. The business park consists of eight well-maintained multi- and single-tenant light industrial buildings, suitable for industrial, service, and flex users. The park provides functional layouts, ample parking, and convenient access for deliveries and daily operations. The location is less than 2 miles from both the I-95/Route 273 interchange and two miles from the University of Delaware, providing connectivity for businesses serving the greater Newark area. The property is professionally managed and benefits from recent capital improvements. The total area of the eight buildings is 47,711 square feet. The tenant mix is diverse and stable. The industrial vacancy rates are extremely low in New Castle County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ideal Motors Inc Used Car Dealer GFP Business Park Business Park MTRG Training Center Training Centre VECTOR DELIVERY Shipping Company Kiwi express Post Office

    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

    Big Bros BBQ & Soul Food

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7074376
    Latitude
    39.6824512

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    FAQs

    What type of property is this?
    Flex space - Industrial space for lease near I-95 and University of Delaware.
    Where is this flex space located?
    The property is located at 2860 Ogletown Rd Newark, DE.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location: Less than 2 miles from I-95/Route 273 interchange and the University of Delaware.; - Units starting at 1,000 SF, suitable for various industrial, service, and flex users.; - Located in GFP Business Park, an established and in-demand industrial hub.
    (302) 229-1304
    Request Owner's contact information
    2860 Ogletown Rd Newark, DE 19713
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    Newark, DE 19713
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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
    2860 Ogletown Rd Newark, DE 19713
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