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Fenced Industrial Land
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1600 - 1617 Matassino Road, New Castle, DE 19720

Flat, fenced industrial land with multiple parcels near major regional highways and the Port of Wilmington.

Property SizeContact for details
Days on Market143

Property Features for 1600 - 1617 Matassino Road

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Location Realty Advisors LLC
Listed By: Chris Castagno · License #DE RB -0020139
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Location Realty Advisors LLC

Investment Insights

Based on property information with market context.

This industrial land offering comprises approximately 17 acres following subdivision of the CR-zoned portion, with five parcels included in the assemblage. The property is described as flat and fenced, and the configuration includes parcels with tenants and absolute NNN leases.

Located along Boulden Boulevard and Dupont Highway, the site is just off N. Dupont Highway, which carries approximately 80k VPD. Regional connectivity includes proximity to I-295, I-495, I-95, and Rt. 13, with routes serving points north and south. The Port of Wilmington is also minutes away.

The property supports either continued use of the existing absolute NNN lease structure or redevelopment of the assemblage, subject to applicable approvals and the planned subdivision of the CR-zoned land.

Key Highlights

  • Approximately 17 acres after subdivision of CR‑zoned land
  • Five‑parcel industrial land assemblage
  • Flat, fenced site along Boulden Boulevard and Dupont Highway

Property Analytics

Current Use

Bay Shippers Freight Service

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 19720, DE

61,043
Population
24,262
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
38.3 sq mi
ZIP Area
1,594
Density / Sq Mi
$75,985
Median Household Income
$42,600
Median Earnings
$1,282
Median Rent
$242,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Flat, fenced industrial land with multiple parcels near major regional highways and the Port of Wilmington.
Where is this industrial land located?
The property is located at 1600 - 1617 Matassino Road New Castle, DE.
What are key features of this property?
This property features: Approximately 17 acres after subdivision of CR‑zoned land; Five‑parcel industrial land assemblage; Flat, fenced site along Boulden Boulevard and Dupont Highway
More about this property
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