40 Mccullough Dr, New Castle, DE 19720
This exceptional 21,000-square-foot warehouse in New Castle, Delaware, presents a unique investment opportunity. Built in 1998, the single-building property sits on a 3.77-acre lot and is zoned for industrial use. The warehouse boasts a 24-foot clear height and a convenient drive-in dock, enhancing operational efficiency. Currently configured as ISO 17025 Accredited Lab Space, the property offers the flexibility to maintain its existing lab setup or be easily converted back to standard warehouse use, catering to a diverse range of business needs. Multiple tenants are currently occupying the space. Its strategic location provides unparalleled accessibility, situated minutes from major transportation arteries including I-95, I-295, Route 13, and Route 141, ensuring seamless commutes for employees and clients. Ample parking is available on-site for added convenience. This property is located in New Castle County, Delaware, with the address being 40 McCullough Drive, zip code 19720. The entire 21,000 square feet is available. This versatile space offers a compelling combination of location, functionality, and adaptability, making it an ideal choice for businesses seeking a prime industrial location in Delaware.
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Testing Machines Inc Laboratory
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Detention Equipment Services Inc Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I · New Castle, DENew Castle. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.