Current Use by Public Records
- Malltail / Corporate Office
- Scope Services / Plumbing Service / General Contractor
Property Details for 312 Cherry Ln
- Year built
- 1989
- Lot size
- 2.80 lot acres
- 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 Estimations
-
AI approach
-
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
