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Property profile & analytics

312 Cherry Ln New Castle, DE 19720

  • Industrial properties
  • 42,000 SF
  • 2.80 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Malltail / Corporate Office
  • Scope Services / Plumber / Professional Services

Property Details for 312 Cherry Ln

Year built
1989
Lot size
2.80 lot acres
Property size
42,000 SF
Property type
Industrial properties
Property subtype
Flex space

Description

This exceptional 42,000-square-foot industrial flex building presents a unique investment opportunity in New Castle, Delaware's Riveredge Industrial Park. Constructed in 1989, this single-story structure sits on a generous 2.8-acre lot and is zoned for heavy industrial use. The building features seven loading docks, including five dock-high doors, providing ample space for efficient loading and unloading operations. Ceiling heights range from 15 to 16 feet, offering versatile storage and operational capabilities. Its strategic location within the Riveredge Industrial Park offers easy access to major transportation arteries, including Interstate 95, Interstate 495, and Route 202, placing it within three miles of these key thoroughfares. The property's proximity to the Port of Wilmington and New Jersey further enhances its logistical advantages, providing seamless connectivity to national and international markets. This location also benefits from its proximity to significant population centers. This rare stand-alone building presents a compelling opportunity for businesses seeking a well-situated, functional, and spacious industrial or flex space in a thriving Delaware industrial park. The property's size, features, and location combine to create a highly desirable asset for a variety of industrial and commercial uses. This is a chance to acquire a substantial and strategically positioned property in a sought-after area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New Castle
County
New Castle
State
Delaware
Longitude
-75.5463
Latitude
39.6895
More about this property
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