34 Blevins Dr New Castle, DE 19720
- Warehouses
- 49,120 SF
- 5.48 lot acres
Current Use by Public Records
- Zz House Inc / Design Agency / Print Shop
- BCD Direct Mail and Marketing Services / Design Agency / Marketing Agency
- Bravo Building Services / Electrician / Janitorial Service
- Apple Cleaning Systems / Carpet Cleaning Service
- Point of Hope Inc / Social Services Organization
Property Details for 34 Blevins Dr
- Year built
- 1988
- Construction
- CONCRETE
- Lot size
- 5.48 lot acres
- Property size
- 49,120 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- 10-024.00-094
- APU
- 1002400094
Description
This exceptional 10,094-square-foot single-tenant industrial space at 34 Blevins Dr, Suite 9, is ideally suited for a variety of uses, including manufacturing, distribution, or storage. Located in a prime industrial park, this property boasts convenient access to major transportation routes and nearby amenities. The building features high ceilings, providing ample vertical space for efficient operations. The layout includes a well-appointed front office area complete with bathrooms and a dedicated conference room, perfect for administrative functions. Two loading docks and two dock-high doors ensure smooth and efficient loading and unloading of goods. With ample parking for ten or more vehicles, employee and visitor parking is readily available. The property is zoned for industrial use and is offered as a sublease with available incentives. The annual rent is $8.00 per square foot, plus common area maintenance charges. The APN is 1002400094. This one-story building presents a unique opportunity to secure a functional and strategically located industrial space. The property's features and location make it an attractive option for businesses seeking to establish or expand their operations in a thriving industrial area. Serious inquiries are encouraged to explore this reduced-price offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,070,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $990,000
- 6.5%
- $885,000
- 7%
- $995,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,035,000
- Geo Method
- $965,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,000,000
- Retail
- $1,025,000
- Mixed-Use
- $735,000
- Hospitality
- $865,000
- Educational
- $840,000
- Residential Income
- $920,000
- Energy
- $945,000
- Income-Based Land
- $845,000
- Food Service
- $895,000
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Longitude
- -75.602
- Latitude
- 39.6643
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA