312 Cherry Ln New Castle, DE 19720
This exceptional industrial flex property, situated on 2.8 acres in New Castle County, Delaware, offers a unique investment opportunity. The building comprises two units: a 16,000 square foot unit and a 24,000 square foot unit, totaling approximately 42,000 square feet of versatile space. Its strategic location provides unparalleled access to major transportation arteries, including Interstate 95, Interstate 495, and Route 202, ensuring seamless logistics and distribution. The property's proximity to the Port of Wilmington and New Jersey further enhances its appeal for businesses requiring efficient access to maritime shipping. The location also benefits from its proximity to significant population centers, making it an ideal choice for companies seeking a strong workforce pool. This rare stand-alone building within a desirable industrial park presents a compelling opportunity for businesses seeking a flexible and strategically located space for lease or purchase. The property's size and layout offer considerable adaptability to a wide range of industrial and flex uses. Serious inquiries are encouraged to explore this exceptional opportunity.
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Malltail Corporate Office
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Scope Services Plumbing Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.