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    800 New Castle Ave Wilmington, DE 19801

    For Lease
    Contact for pricing

    170,820 SF Flex Space, Rail Served

    Lot size:
    170,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional industrial flex property, located at 800 New Castle Avenue in Wilmington, Delaware, offers a total of 170,820 square feet of versatile space. The property features multiple tenancies and boasts impressive ceiling heights ranging from 27 to 36 feet, ideal for a variety of industrial uses. The building is strategically situated less than one mile from the Port of Wilmington, providing seamless access to maritime shipping. Furthermore, the property benefits from Norfolk Southern rail service, enhancing logistical capabilities. Heavy power is available on-site. Two cranes, one with a 7.5-ton capacity and the other with a 5-ton capacity, are present, offering approximately 19 feet of under-hook clearance. Extensive outdoor storage is available across multiple sites. Site A and Site B each encompass 1.5 acres, Site C offers 0.75 acres, and Site E presents the potential for up to 7 acres of additional development. The property enjoys convenient access to Interstate I-495 via Exit 2, facilitating efficient transportation throughout the region. This location is perfectly suited for manufacturing operations and bulk product storage, offering a compelling combination of accessibility, infrastructure, and space. The property is located in New Castle County, Delaware, with a zip code of 19801.

    Property Features for 800 New Castle Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    170,820 SF

    Unit(s) available at that property

    Space
    Building
    Size
    170,820 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5400784
    Latitude
    39.7239844

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    FAQs

    What type of property is this?
    Flex space - 170,820 SF Flex Space, Rail Served
    Where is this flex space located?
    The property is located at 800 New Castle Ave Wilmington, DE.
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    800 New Castle Ave Wilmington, DE 19801
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    Wilmington, DE 19801
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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
    800 New Castle Ave Wilmington, DE 19801
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