Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    130 Corporate Blvd Newark, DE 19702-3307

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    130 Corporate Blvd Newark, DE 19702-3307

    View on Map
    • Commercial land
    • 0.30 lot acres
    Off-Market
    Property ID
    US17-0326122
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 130 Corporate Blvd

    Lot size
    0.30 lot acres
    Zone code
    BP
    Property type
    Commercial land
    APN
    11-021.00-055
    APU
    1102100055

    Description

    This exceptional Class A retail property, located at 130 Corporate Blvd in Newark, Delaware, offers 11,900 square feet of space within a vibrant mixed-use business park. Built in 2024, this single-story building features six suites, with a minimum divisible space of 2,000 square feet. Currently, five spaces are available, ranging in size from approximately 1,900 to 2,000 square feet, ideal for a variety of restaurant and retail uses. The property sits on a substantial 24-acre lot, zoned BP - UDC - BUSINESS PARK in New Castle County, and enjoys a prime location just 15 minutes from the University of Delaware and with convenient access to I-95. The development boasts a compelling mix of uses, including a Wawa, and future plans include a 125-room hotel and two office buildings, ensuring high visibility and foot traffic. This is a rare opportunity to establish a presence in a thriving, rapidly developing business park. The property's address is 130 Corporate Blvd, Newark, DE 19702, with a cross street of South College Ave. The building's modern design and convenient location make it an attractive option for businesses seeking a high-profile location in a rapidly growing area. The large lot size offers ample parking and potential for future expansion.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7465
    Latitude
    39.6175
    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
    $222
    $5,300
    $0.00
    $5,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.35 Acres

      Biddle Ave

      VACANT COMMERCIAL LAND • 1.35 Acres
      Biddle Ave, Newark, DE 19702
      View Details
    • Value Estimation by Request
      3.80 Acres

      2548 Glasgow Ave

      VACANT COMMERCIAL LAND • 3.80 Acres
      2548 Glasgow Ave, Newark, DE 19702-4732
      View Details
    • Value Estimation by Request
      0.01 Acres

      1414 Pulaski Hwy

      VACANT COMMERCIAL LAND • 0.01 Acres
      1414 Pulaski Hwy, Newark, DE 19702-5108
      View Details
    • Value Estimation by Request
      0.09 Acres

      1410 Pulaski Hwy

      VACANT COMMERCIAL LAND • 0.09 Acres
      1410 Pulaski Hwy, Newark, DE 19702-5108
      View Details
    • Value Estimation by Request
      0.01 Acres

      Pulaski Hwy

      VACANT COMMERCIAL LAND • 0.01 Acres
      Pulaski Hwy, Newark, DE 19702
      View Details
    • Value Estimation by Request
      1.26 Acres

      Walther Rd

      VACANT COMMERCIAL LAND • 1.26 Acres
      Walther Rd, Newark, DE 19702
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Warehouse with Additional Land

      4,500 SF warehouse with land available for lease.
      1977 Old Coochs Bridge Rd, Newark, DE 19702
      View Details
    • Contact for pricing

      Commercial Land Ready For Construction

      Two pad sites available for construction in prime commercial corridor.
      400 Biddle Ave, Newark, DE 19702
      View Details
    • $85,000

      Pulaski Highway Pad Site

      0.75 acre commercial land with high visibility.
      2466 Pulaski Hwy, Newark, DE 19702
      View Details
    • Contact for pricing

      Commercial Pad Site For Lease

      Commercial pad site available for ground lease in Newark, DE.
      2800 Pulaski Hwy, Newark, DE 19702
      View Details
    • $75,000
      0.31 Acres

      Residential Land in Growing Area

      0.31 acre land parcel ideal for building a dream home.
      716-LOT Salem Church Rd, Newark, DE 19702
      View Details
    • $1,200,000
      14.73 Acres

      Development Land on Old Baltimore

      14.73-acre parcel suitable for residential development or investment.
      1630 Old Baltimore Pike, Newark, DE 19702
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,060 SF

      Land Ready For Construction

      Two pad sites approved for 50,000 SF office buildings.
      500 Biddle Ave, Newark, DE 19702
      View Details
    • Contact for pricing
      7,850 SF

      Commercial Land on Pulaski Highway

      Prime commercial land for retail and pad sites.
      2655 Pulaski Hwy, Newark, DE 19702
      View Details
    • Contact for pricing

      Retail Space in New Shopping Center

      Retail and pad sites available in Newark, Delaware.
      2675 Pulaski Hwy, Newark, DE 19702
      View Details
    • Contact for pricing

      Pulaski Hwy Pad Site

      0.75 acre pad site for lease on Pulaski Hwy.
      Pulaski Hwy, Newark, DE 19702
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Newark, Delaware.
      900 Center Blvd, Newark, DE 19702
      View Details
    • Contact for pricing
      278,876 SF

      Warehouse Space Available For Lease

      278,876 SF warehouse space available in Newark, Delaware.
      700 Dusk Run Rd, Newark, DE 19702
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    130 Corporate Blvd
    Newark, DE 19702-3307
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    130 Corporate Blvd, Newark, DE, 19702

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!