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    252 Chapman Rd Newark, DE 19702

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    For Lease
    Contact for pricing

    Office space with loading dock and high ceilings for rent.

    Property size:
    13,070 SF
    Lot size:
    6.12 Acres

    Property Features for 252 Chapman Rd

    General Information

    Size
    13,070 SF
    Lot size
    6.12 Acres

    Source: JLL | Wilmington Agent Jamie Vari

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

    Overview

    Class A Office Space Available

    This Class A office space, totaling 13,070 square feet, is located just off Route 273 on Chapman Road in the University Office Plaza. The space features high 10-foot ceilings and a loading dock, making it suitable for tenants with specific operational needs. It offers a private entrance off the lobby and access to common area amenities. The building lobby and common areas are currently undergoing full renovations, with construction expected to be completed by mid-2024. Abundant on-site parking is available. The space can offer a direct exterior entrance.
    Insight Report Location Intelligence

    Current Use by Public Records

    Goldenberg Edward MD Cardiologist Schneider Bernard A Doctor Weiss Sandra A MD Cardiologist Dr. Lawrence G. ... Internist Cardiology Consultants Pa: ... Cardiologist

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6776266
    Latitude
    39.6689951

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    FAQs

    What type of property is this?
    Office space - Office space with loading dock and high ceilings for rent.
    Where is this office space located?
    The property is located at 252 Chapman Rd Newark, DE.
    What are key features of this property?
    This property features: - Class A space featuring a loading dock and high 10’ ceilings.; - Ideal location off Route 273 on Chapman Road in the University Office Plaza.; - Building lobby and common areas being fully renovated (completion by mid 2024).
    (302) 356-2858
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    Newark, DE 19702
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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
    252 Chapman Rd Newark, DE 19702
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