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    1119 S College Ave Newark, DE 19713

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    For Lease
    Contact for pricing

    Retail spaces available with excellent I-95 access and drive-thru.

    Property size:
    7,000 SF
    Lot size:
    3.13 Acres

    Property Features for 1119 S College Ave

    General Information

    Size
    7,000 SF
    Lot size
    3.13 Acres

    Source: DSM Commercial Agent Griffin Conaty

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

    Overview

    Retail Space with Drive-Thru Potential

    Available for lease are freestanding and multi-tenant retail spaces. The multi-tenant spaces range from 1,200 to 7,000 square feet, while a freestanding tenant space offers up to approximately 1.5 acres. The location is drive-thru capable, suitable for either a single tenant or a multi-tenant setup with an endcap. The property benefits from excellent access to Route I-95. The Route 896 has an annual average daily traffic count of 31,587 vehicles in 2022. Route I-95 recorded an annual average daily traffic count of 120,328 vehicles in 2022.
    Insight Report Location Intelligence

    Current Use by Public Records

    Red Roof Inn ... Hotel

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7480454
    Latitude
    39.6511899

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available with excellent I-95 access and drive-thru.
    Where is this retail space located?
    The property is located at 1119 S College Ave Newark, DE.
    What are key features of this property?
    This property features: - Excellent access to Route I-95 (AADT 120,328); - High traffic location on Route 896 (AADT 31,587); - **Drive-thru capability** (single or multi-tenant)
    (302) 545-2061
    Request Owner's contact information
    1119 S College Ave 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
    1119 S College Ave Newark, DE 19713
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