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    Property profile & analytics

    800 New Castle Ave Wilmington, DE 19801

    • Commercial real estate
    • 25,080 SF
    • 33.09 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Sep 20, 2021
    Location Intelligence
    Property ID
    US17-0221483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 800 New Castle Ave

    Year built
    2020
    Construction
    STONE
    Lot size
    33.09 lot acres
    Property size
    25,080 SF
    Zone code
    26C-1
    Property type
    Commercial real estate
    APN
    26-058.00-012
    APU
    2605800012

    Description

    This exceptional industrial flex property, located at 800 New Castle Avenue in Wilmington, Delaware, offers a total of 170,820 square feet of versatile space. The property features multiple tenancies and boasts impressive ceiling heights ranging from 27 to 36 feet, ideal for a variety of industrial uses. The building is strategically situated less than one mile from the Port of Wilmington, providing seamless access to maritime shipping. Furthermore, the property benefits from Norfolk Southern rail service, enhancing logistical capabilities. Heavy power is available on-site. Two cranes, one with a 7.5-ton capacity and the other with a 5-ton capacity, are present, offering approximately 19 feet of under-hook clearance. Extensive outdoor storage is available across multiple sites. Site A and Site B each encompass 1.5 acres, Site C offers 0.75 acres, and Site E presents the potential for up to 7 acres of additional development. The property enjoys convenient access to Interstate I-495 via Exit 2, facilitating efficient transportation throughout the region. This location is perfectly suited for manufacturing operations and bulk product storage, offering a compelling combination of accessibility, infrastructure, and space. The property is located in New Castle County, Delaware, with a zip code of 19801.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5407
    Latitude
    39.7248
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $82,091
    $827,300
    $2,466,500
    $3,293,800
    -
    $0.00
    $0.00
    $0.00

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      Wilmington Industrial Flex Space

      170,820 SF Flex Space, Rail Served
      800 New Castle Ave, Wilmington, DE 19801
      View Details
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    800 New Castle Ave
    Wilmington, DE 19801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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