100 Julian LnBear, DE 19701

Property Details for 100 Julian Ln

Year built

1982

Construction

CONCRETE

Lot size

14.00 AC

Property size (Sq ft)

2,842 SF

Zone code

I

Property type

Office properties

Property subtype

Other office properties

APN

12-002.00-002

APU

1200200002

Description

This exceptional 14+ acre property, located at 100 Julian Lane in Bear, Delaware, presents a unique opportunity for industrial development or expansion. The site boasts a substantial 16,355 square feet of existing flex space, ideal for a variety of uses. Its convenient location in New Castle County, zip code 19701, offers easy access to major transportation routes, ensuring seamless logistics and efficient distribution. The land is fully fenced, providing enhanced security and control. This versatile property is zoned for industrial use and is ready for immediate development, making it an attractive investment for businesses seeking to establish or expand their operations in a strategic Delaware location. The existing flex space provides immediate usability while the expansive acreage allows for significant future growth and development potential. The property's location in Bear, DE offers a blend of accessibility and a thriving business environment. This is a rare opportunity to acquire a substantial industrial property with existing infrastructure in a prime location. The property's size and features make it suitable for a wide range of industrial applications, from warehousing and distribution to light manufacturing and more. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,214,591

  6.5%

  $1,121,161

  7%

  $1,041,078

• Comparable approach

  Method

  Valuation

  Relative Method

  $602,713

  Geo Method

  $371,336

• Alternative Use

  Use

  Valuation

  Residential

  $1,390,240

  Hospitality

  $1,273,452

  Educational

  $1,059,497

  Medical

  $1,095,935

  Retail

  $1,648,107

Location Insight

City

Bear

County

New Castle

State

Delaware

Latitude

39.5975

Longitude

-75.6644

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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