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    361 Lisa Dr New Castle, DE 19720

    Sponsored
    For Lease
    Contact for pricing

    125,000 SF Warehouse, 23 Acres

    Lot size:
    125,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial property, located at 361 Lisa Drive in New Castle, Delaware, presents a unique investment opportunity. The expansive 125,000 square foot warehouse sits on a substantial 23-acre lot, offering significant potential for various industrial uses. The property boasts a 40-foot ceiling height, providing ample vertical space for storage and operations. Access is enhanced by 32 loading docks and 2 drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 144 spaces. The property is zoned "I" Industrial, allowing for a wide range of industrial activities. The building is currently vacant, presenting a blank canvas for a build-to-suit project or a ground lease opportunity. Conveniently located near Route 13 in New Castle County, Delaware, this property offers excellent access to major transportation routes. The property's size and features make it ideal for large-scale distribution, manufacturing, or warehousing operations. This is a rare opportunity to acquire a significant industrial asset in a prime location. The property is situated in New Castle, DE, zip code 19720. Multiple tenants are possible.

    Property Features for 361 Lisa Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    125,000 SF
    Class
    A

    Unit(s) available at that property

    Space
    Space Available
    Size
    0 SF
    Space
    Available Space
    Size
    125,000 SF

    HighLights

    • 125,000 SF fully approved warehouse.
    • Industrially zoned ("I").
    • Situated in a corporate park.
    • Class A construction.
    • 144‑car parking lot.
    • 34 trailer positions with 32 dock‑high and 2 drive‑in doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.609758
    Latitude
    39.655185

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    FAQs

    What type of property is this?
    Distribution property - 125,000 SF Warehouse, 23 Acres
    Where is this distribution property located?
    The property is located at 361 Lisa Dr New Castle, DE.
    What are key features of this property?
    This property features: 125,000 SF fully approved warehouse.; Industrially zoned ("I").; Situated in a corporate park.
    Request Owner's contact information
    361 Lisa Dr New Castle, DE 19720
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    New Castle, DE 19720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    361 Lisa Dr New Castle, DE 19720
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