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    700 Cornell Dr Wilmington, DE 19801

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    For Lease
    Contact for pricing

    Centrally located light industrial/flex/warehouse property with various sized suites.

    Property size:
    1,500 SF
    Lot size:
    22.49 Acres

    Property Features for 700 Cornell Dr

    General Information

    Size
    1,500 SF
    Lot size
    22.49 Acres

    Source: Pettinaro Management, LLC Agent Matt Guers

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

    Overview

    Light Industrial/Flex/Warehouse Space Available

    Cornell Business Park is a centrally located light industrial, flex, and warehouse property with approximately 166,578 square feet of leasable area. Individual warehouse sizes range from 1,500 to 18,000 square feet. The property offers many different sized suites suitable for small light industrial warehouse users. Cornell is strategically located with direct access to I-495, I-95, and Route 13, just south of Wilmington, and is also located close to the Wilmington Port. The property is located in New Castle County and is not subject to the city of Wilmington wage tax. A recently constructed 59,542 square foot warehouse building was pre-leased to a single tenant and was completed in early 2023. Two more warehouse buildings will be completed in the fall of 2023, each containing approximately 18,000 square feet. These buildings will accommodate a minimum of 3,000 square foot bays with a 10'x14' overhead at grade access door and will have a 20' clear height.
    Location Intelligence

    Current Use by Public Records

    Thoroughthreads Graphic Designer Wireless Communications Inc Telecommunications Equipment Supplier Respiratory Therapy Equipment ... Medical Supply Store Hope Deliverance Apostolic ... Church Greater Hope Christian Church

    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

    iStorage, Public Storage, Premier Juices, Inc., Iron Mountain, CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5532294
    Latitude
    39.713453

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    FAQs

    What type of property is this?
    Warehouse - Centrally located light industrial/flex/warehouse property with various sized suites.
    Where is this warehouse located?
    The property is located at 700 Cornell Dr Wilmington, DE.
    What are key features of this property?
    This property features: - Strategic location with direct access to I-495, I-95, and Route 13, near Wilmington Port.; - Variety of warehouse sizes available, ranging from 1,500 to 18,000 square feet.; - **New construction**: recently completed 59,542 sq ft warehouse (early 2023) and two additional buildings (fall 2023).
    (302) 999-0708
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    700 Cornell Dr Wilmington, DE 19801
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    Wilmington, DE 19801
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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 Cornell Dr Wilmington, DE 19801
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