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Prime Commercial Development Site

3014 NEW CASTLE Ave, New Castle, DE 19720

For Sale
$2,195,000
Pending

3.99 acres on New Castle Avenue (Route 9)

Property SizeContact for details
Lot Size3.99 Acres
Days on Market245

Property Features for 3014 NEW CASTLE Ave

General Information

Standard status Pending
Lot size 3.99 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,821

Building Details

Year Built 1950
Units 1
Listed By: Timothy A Scully
Source: Elliman
Added: Mar 11 Changed: Nov 4 Last Checked: Nov 8 at 6:04AM

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 Timothy A Scully

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Investment Insights

Based on property information with market context.

This is an opportunity to acquire the Nesci Subdivision, an assemblage of nine parcels totaling approximately 3.99 acres along New Castle Avenue (Route 9) in New Castle, Delaware. Eight parcels, totaling approximately 3.90 acres, are zoned CR (Commercial Regional), offering flexibility for commercial development. An additional 0.09-acre lot is zoned NC5 (Neighborhood Conservation). The property is located less than half a mile from Interstate 295 and immediately off the Route 9 North exit at the base of the Delaware Memorial Bridge. The site is positioned between a McDonald’s and the New Castle Public Library. The location is experiencing renewed investment and strong traffic volumes. The property has high visibility along Route 9 and immediate connectivity to I-295, the Delaware Memorial Bridge, and the I-95 corridor. The property is improved with seven residential rentals, including five single-family homes and two two-unit apartments. The properties are being sold As-Is, and all parcels are conveyed together. This assemblage represents one of the few remaining large, contiguous commercial-zoned tracts in this corridor.

Key Highlights

  • Prime commercial development site of ±3.99 acres with high visibility on New Castle Avenue (Route 9).
  • Zoned CR (Commercial Regional) offering broad flexibility for commercial development.
  • Immediate connectivity to I‑295, Delaware Memorial Bridge, and I‑95 corridor.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Parking Lot & Garage Hair Salon

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

300
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in New Castle County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - 3.99 acres on New Castle Avenue (Route 9)
Where is this commercial land located?
The property is located at 3014 NEW CASTLE Ave New Castle, DE.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Prime commercial development site of ±3.99 acres with high visibility on New Castle Avenue (Route 9).; Zoned CR (Commercial Regional) offering broad flexibility for commercial development.; Immediate connectivity to I‑295, Delaware Memorial Bridge, and I‑95 corridor.
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