26 Parkway CirNew Castle, DE 19720

Property Details for 26 Parkway Cir

Year built

1996

Construction

CONCRETE

Lot size

1.78 AC

Property size (Sq ft)

11,900 SF

Zone code

BP

Property type

Office properties

Property subtype

Other office properties

APN

10-030.00-092

APU

1003000092

Description

This exceptional 3,000 square foot flex warehouse space, part of a larger 20,062 square foot building, is immediately available. Located at 26 Parkway Circle Unit A in New Castle County, Delaware, this property offers unparalleled convenience and accessibility. The unit boasts three 10x10 foot drive-in doors, providing easy loading and unloading capabilities. Ample parking is available for tenants and their visitors. The space features ground-level access for ease of use, a practical shop office area, and two private restrooms for added convenience. Built in 1996, this well-maintained building is situated in the heart of Delaware's flex market, within the Churchmans Center. Its strategic location on Christiana Road (Rt. 273) places it approximately 0.6 miles from the high-traffic intersection of US 13 and 273 (Hares Corner), ensuring excellent visibility and convenient access to major transportation routes. The property is part of a multi-tenant building with a total of one suite. This prime location and functional layout make this flex warehouse space an ideal solution for a variety of businesses seeking efficient and accessible workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $5,085,727

  6.5%

  $4,694,517

  7%

  $4,359,194

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,523,677

  Geo Method

  $1,554,854

• Alternative Use

  Use

  Valuation

  Residential

  $5,821,201

  Hospitality

  $5,332,189

  Educational

  $4,436,318

  Medical

  $4,588,890

  Retail

  $6,900,940

Location Insight

City

New Castle

County

New Castle

State

Delaware

Latitude

39.6624

Longitude

-75.6149

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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