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Property profile & analytics
OFF-MARKET
Strip malls

807 Churchmans Rd New Castle, DE 19720

15,300 SF Built 1983
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Strip malls
Year built 1983
Total area 15,300 SF
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
  • Acupuncture Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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