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    40-44 Reads Way New Castle, DE 19720

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    For Lease
    Contact for pricing

    Office space for rent, available November 1, 2023.

    Property size:
    2,216 SF
    Lot size:
    5.89 Acres

    Property Features for 40-44 Reads Way

    General Information

    Size
    2,216 SF
    Lot size
    5.89 Acres

    Source: NAI Emory Hill Agent David Morrison

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

    Overview

    Office Space Available For Rent

    This property offers approximately 2,216 square feet of office space and is available starting November 1, 2023. It is located in a single-story building and features a separate suite entrance with parking available near the entrance. The property benefits from on-site management and maintenance staff. Additionally, the location is accessible via a bus line. The property is full-service.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6114945
    Latitude
    39.6888598

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    FAQs

    What type of property is this?
    Office space - Office space for rent, available November 1, 2023.
    Where is this office space located?
    The property is located at 40-44 Reads Way New Castle, DE.
    What are key features of this property?
    This property features: - Full-service property with on-site management and maintenance; - +/- 2,216 SF single-story building; - Available 11-1-23
    (302) 668-8700
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    40-44 Reads Way 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
    40-44 Reads Way New Castle, DE 19720
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