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    FOR SALE
    Warehouses

    40 Mccullough Dr, New Castle, DE 19720

    10,260 SF 3.77 ac lot Built 1998
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US17-0219495
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1998
    Construction CONCRETE
    Total area 10,260 SF
    Lot 3.77 ac (164,221 SF)
    Zoning code I
    APN 10-015.00-019
    UPID US17-0219495
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Testing Machines Inc Laboratory
    • Detention Equipment Services Inc Business Management Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.23M
    Comparable Approach Comparable
    $985k
    Blend (final) Blend
    $1.18M
    Owner & transaction history
    Delaware Electrical Training Allian
    Delaware Electrical Training Allian
    since 2026
    6 recorded transactions
    2026
    2019
    2010
    $1.4M
    1997
    $377,800
    1969
    1969
    Zoning & alternative use
    I · New Castle, DE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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