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Warehouse Site Ready For Development
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361 Lisa Drive, New Castle, DE 19720

Approved site for a 125,000 SF warehouse with immediate highway access.

Space SizeContact for details
Days on Market321

Property Features for 361 Lisa Drive

General Information

Standard status Active
Property subtype Land

Spaces For Lease

at 361 Lisa Drive Contact us

Usable Acres

Type
Industrial
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Sitar Realty Company - Corporate
Listed By: William Sitar Jr.
Source: Tcnworldwide
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:41AM

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 Sitar Realty Company - Corporate

Investment Insights

Based on property information with market context.

This site is available for ground lease or build-to-suit development of a ±125,000 square foot warehouse. The property benefits from immediate access to the highway system and is located behind the Airport Business Center, directly off Route 273 in New Castle, Delaware. It is situated within minutes of Route 1, I-95, I-295, and I-495, and approximately 15 minutes from downtown Wilmington, DE. The site is fully approved for a 125,000 square foot warehouse and is zoned "I" Industrial. The location is within a corporate park and features a Class A design. Parking includes 144 car spaces and 34 trailer positions, consisting of 32 docks and 2 drive-in doors. The warehouse design specifies a 40-foot clear height, ESFR fire sprinkler system, and LED lighting. The location is private and secure, and less than 2 miles from New Castle Airport. The property size is 23 acres.

Key Highlights

  • Fully approved for a 125,000 SF Class A warehouse, build‑to‑suit.
  • Immediate access to major highways (Route 1, I‑95, I‑295, I‑495).
  • Benefit from 34 trailer positions (32 docks/2 drive‑ins).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Gym & Fitness Center Restaurant

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

713
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?
Commercial land - Approved site for a 125,000 SF warehouse with immediate highway access.
Where is this commercial land located?
The property is located at 361 Lisa Drive New Castle, DE.
What are key features of this property?
This property features: Fully approved for a 125,000 SF Class A warehouse, build‑to‑suit.; Immediate access to major highways (Route 1, I‑95, I‑295, I‑495).; Benefit from 34 trailer positions (32 docks/2 drive‑ins).
More about this property
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