Property profile

15 Penns Way New Castle, DE 19720

OFF-MARKET
Manufacturing properties
Property ID
US17-0155607
12,221 SF 2.11 ac lot Built 1990
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group SHIPYARD - BUILT OR REPAIRED
Year built 1990
Construction STONE
Total area 12,221 SF
Lot 2.11 ac (91,912 SF)
Zoning code I
APN 10-018.00-006-L0030
UPID US17-0155607

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Aviation Consultant

Location

15 Penns Way New Castle, DE 19720-2437
New Castle metro Census 15000 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A

Zoning & alternative use

I · New Castle, DE
Zoning description

may be utilized in a manner consistent with their prior Industrial (I) or Service Commercial (SC) zoning classification. No new structures shall be erected, and no existing structures expanded, except for uses permitted…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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