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Property profile & analytics
OFF-MARKET
Industrial properties

312 Cherry Ln New Castle, DE 19720

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
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
  • Malltail Corporate Office
  • Scope Services Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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