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    23 Parkway Cir New Castle, DE 19720

    For Lease
    $14 SF/Yr ($1,166 /Mo)

    Flex, office, and retail spaces available for lease.

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

    Property Features for 23 Parkway Cir

    General Information

    Size
    1,000 SF
    Lot size
    2.17 Acres

    Source: SB Real Estate Agent Jeff Shahan

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

    Overview

    Versatile Flex, Office, Retail Space

    Churchmans Center, situated off Route 273 near the intersection of Routes 13 and 273 and close to the New Castle Airport, offers flex warehouse, office, and retail spaces. Units and buildings range in size from 800 to 20,000 square feet. The center is zoned BP (Business Park) and CR (Commercial Regional), accommodating a wide array of uses. The property is available for lease at a rate of $14 per square foot. The property size is 1,000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Harry L Adams ... Air Conditioning Contractor Leden Logistics LLC Trucking Company Associated Truck Parts Driveshaft Shop Smart Start Ignition ... Safety Equipment Supplier Pro-Bond Auto Glass Auto Glass Shop

    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

    Finger Lickinn Food

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6139264
    Latitude
    39.6626589

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    FAQs

    What type of property is this?
    Flex space - Flex, office, and retail spaces available for lease.
    Where is this flex space located?
    The property is located at 23 Parkway Cir New Castle, DE.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Located immediately off Rt 273 / Christiana Road near the intersection of Route 13 and 273.; - Mixed zoning of BP (Business Park) and CR (Commercial Regional) allows for a wide array of uses.; - Center consists of flex warehouse, office, and retail spaces.
    (302) 545-2392
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    23 Parkway Cir 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
    23 Parkway Cir New Castle, DE 19720
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