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    78 Southgate Blvd New Castle, DE 19720

    For Lease
    $14 SF/Yr

    19,200 SF flex space available for lease.

    Property size:
    19,200 SF
    Lot size:
    3.82 Acres

    Property Features for 78 Southgate Blvd

    General Information

    Size
    19,200 SF
    Lot size
    3.82 Acres

    Source: LMT Commercial Realty / CORFAC International Agent Chris Moore

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

    Overview

    Flex Space with Loading Docks

    This 19,200 square foot flex space, suitable for industrial and warehouse use, will be available for lease starting August 31, 2024. The property features nine loading docks and one drive-in door, along with office space. The layout includes warehouse areas, offices, lunchrooms, and bathrooms. Its location provides convenient access to I-295, I-95, I-495, and Route 13, facilitating connections to various areas of New Castle County.
    Insight Report Location Intelligence

    Current Use by Public Records

    CPC Baking Business Wholesale Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Similar Places Nearby

    1st Tri Caterers, Dupssy's Kitchen, Royal Events & Catering Company, Finger Lickinn Food

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5711319
    Latitude
    39.6949465

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    FAQs

    What type of property is this?
    Flex space - 19,200 SF flex space available for lease.
    Where is this flex space located?
    The property is located at 78 Southgate Blvd 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: - 19,200 +/- SF of flexible space suitable for various business needs.; - Excellent location with easy access to I-295, I-95, I-495, and Rt. 13.; - Features **9 loading docks and 1 drive-in door** for efficient operations.
    (302) 383-1911
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    78 Southgate Blvd 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
    78 Southgate Blvd New Castle, DE 19720
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