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    807 Churchmans Rd New Castle, DE 19720

    Sponsored
    For Lease
    $18 SF/Yr

    7,850 SF Retail Space Available

    Lot size:
    15,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 7,850 square foot retail space, part of a larger 15,300 square foot strip center at 807 Churchmans Rd Ext, New Castle, DE 19720, presents a unique opportunity. Built in 1983, the property boasts ample surface parking and is strategically located at the signalized intersection of Christiana Road (Rt. 273) and New Churchmans Road. Its prime location offers excellent visibility and accessibility, situated approximately 0.6 miles from the high-traffic intersection of US 13 and 273 (Hares Corner). The entire building consists of a single suite, with 7,850 square feet currently vacant. The property is zoned Commercial Regional (CR) in New Castle County, providing flexibility for a wide range of commercial uses. This allows for diverse business opportunities and maximizes potential for future development. The property's size and location make it ideal for a variety of retail businesses seeking high visibility and convenient access for customers. The ample parking ensures ease of access for shoppers and employees. This is a rare opportunity to secure a significant retail space in a high-traffic area of New Castle County.

    Property Features for 807 Churchmans Rd

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,300 SF
    Total Rate
    23651.25

    Building Details

    Year Built
    1983

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,850 SF
    Rate per SF
    $18

    HighLights

    • 7,850 SF retail space available in a 15,300 SF strip center at 807 Churchmans Rd Ext, New Castle, DE 19720.
    • Located at the signalized intersection of Christiana Rd (Rt. 273) and New Churchmans Rd, offering high visibility and accessibility.
    • Approximately 0.6 miles from the high‑traffic intersection of US 13 and 273 (Hares Corner).
    • Currently vacant, single‑suite building with ample surface parking.
    • Zoned Commercial Regional (CR) in New Castle County, allowing for diverse commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Acupuncture Medical Clinic

    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
    -75.611455
    Latitude
    39.664618

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    FAQs

    What type of property is this?
    Strip mall - 7,850 SF Retail Space Available
    Where is this strip mall located?
    The property is located at 807 Churchmans Rd New Castle, DE.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 7,850 SF retail space available in a 15,300 SF strip center at 807 Churchmans Rd Ext, New Castle, DE 19720.; Located at the signalized intersection of Christiana Rd (Rt. 273) and New Churchmans Rd, offering high visibility and accessibility.; Approximately 0.6 miles from the high-traffic intersection of US 13 and 273 (Hares Corner).
    Request Owner's contact information
    807 Churchmans Rd 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
    807 Churchmans Rd New Castle, DE 19720
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