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    100 Lake Dr Newark, DE 19702

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    For Sale
    Contact for pricing

    350-acre business park with office spaces in Newark, Delaware.

    Property size:
    28,050 SF

    Property Features for 100 Lake Dr

    General Information

    Size
    28,050 SF

    Source: Neil Kilian SIOR, CCIM Agent Neil Kilian SIOR, CCIM

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

    Overview

    Premier Newark Business Park

    Pencader Corporate Center is a 350-acre business park located in Newark, Delaware, on Route 896, near Interstate 95 and Route 40. The property features an efficient development plan with open space, wide boulevards, lakes, underground utilities, landscaping, and screened, well-lit parking lots. The location is adjacent to Interstate 95, providing access to major highway routes throughout the Mid-Atlantic region. The property at 100 Lake Drive offers common lobby areas, elevator service, abundant parking, high-speed internet, and security cameras. The property has a size of 28,050 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    AquaCast Liner LLC Medical Equipment Manufacturer Nurse Nerds by ... Educational Testing Service Genex Technologies Inc Medical Clinic Exam Master Educational Testing Service ProAutomated Automation Company

    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
    -75.7537103
    Latitude
    39.6191264

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    FAQs

    What type of property is this?
    Office building - 350-acre business park with office spaces in Newark, Delaware.
    Where is this office building located?
    The property is located at 100 Lake Dr Newark, DE.
    What is the asking price?
    The asking price for this property is $13.
    What are key features of this property?
    This property features: - Premier 350-acre business park location.; - Convenient access to Interstate 95, Route 896, and Route 40.; - Abundant parking.
    (302) 521-7291
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    100 Lake Dr 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
    100 Lake Dr Newark, DE 19702
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