428-442 7Th St New Castle, DE 19720
- Land
- 0.53 lot acres
Current Use by Public Records
- Land
Property Details for 428-442 7Th St
- Lot size
- 0.53 lot acres
- Property type
- Land
Description
This exceptional 0.53-acre commercial land parcel, located at 428-442 W 7th St in New Castle, Delaware (zip code 19720), presents a unique opportunity for development. Currently zoned 21D-G - Downtown Gateway, this property boasts pre-approved subdivision plans from the State of Delaware, New Castle County, and the City of New Castle, including stormwater and sewer approvals from the New Castle County Conservation District. The assemblage comprises several lots, ranging in size from approximately 0.06 to 0.12 acres, which can be combined to create a single, larger parcel suitable for a mixed-use project. The seller is prepared to facilitate this consolidation for a seamless transition. The property's prime location offers convenient access to the historic sites of New Castle and the Jack Markell Trail, ensuring high visibility and desirability. While the seller has secured crucial approvals, the buyer will be responsible for obtaining City of New Castle approval for construction drawings and building permits. This property is offered at an asking price of $350,000 and represents a compelling investment opportunity in a thriving Delaware community. The coordinates are 39.659545 latitude and -75.5729897 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Longitude
- -75.573
- Latitude
- 39.6595
