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    700 Capitol Trl Newark, DE 19711

    For Lease
    Contact for pricing

    Mixed-use shopping center near University of Delaware.

    Property size:
    2,605 SF
    Lot size:
    8.60 Acres

    Property Features for 700 Capitol Trl

    General Information

    Size
    2,605 SF
    Lot size
    8.60 Acres

    Source: Bellevue Realty Company Agent William Fincher

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

    Overview

    Renovated Retail Space in Newark

    Liberty Plaza / Possum Park Mall is a renovated mixed-use shopping center with over 67,000 square feet of retail shopping center, dining options, and office space. The property is located at the intersection of Capitol Trail (Kirkwood Highway / Route 2) and Possum Park Road in Newark, Delaware, minutes from the University of Delaware and downtown Newark. The average daily traffic count on Capitol Trail at Possum Park Road exceeds 40,000 vehicles. Current tenants include Outback Steakhouse, Family Dollar, Perkins Restaurant, and DEXSTA Federal Credit Union. One available space offers 2,605 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Liberty Plaza/Possum Park ... Shopping Mall Creative Travel Inc Travel Agency Mike Broujos - State ... Insurance Agency Ultimate Touch Massage ... Massage Therapist Liberty Yoga Yoga Studio

    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

    Newark Shopping Center, College Square Shopping Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.720105
    Latitude
    39.6941635

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    FAQs

    What type of property is this?
    Shopping center - Mixed-use shopping center near University of Delaware.
    Where is this shopping center located?
    The property is located at 700 Capitol Trl Newark, DE.
    What are key features of this property?
    This property features: - High traffic location with over 40,000 vehicles daily.; - Strategically located near University of Delaware and downtown Newark.; - Mixed-use shopping center with retail, dining, and office space.
    (302) 740-0071
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    700 Capitol Trl Newark, DE 19711
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    Newark, DE 19711
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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
    700 Capitol Trl Newark, DE 19711
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