You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Gas stations

1550 Matassino Rd New Castle, DE 19720

22.87 ac lot Built 2007
Entity Owned 1-yr Hold Free & Clear
Property ID
US17-0118703
Property summary
AI-generated overview

This exceptional 3.75-acre lot, located at 1550 Matassino Rd in New Castle, Delaware, presents a unique opportunity for businesses seeking expansive outdoor space. Zoned Industrial (I), this property offers significant potential for various uses, including contractor yards, trailer parking, or general outdoor storage. Built in 2007, the land boasts a single-tenant occupancy and is conveniently situated for easy access to major transportation arteries. Its proximity to I-95, 495, and 295 ensures seamless connectivity to regional and national markets. Furthermore, the property benefits from its strategic location near the Port of Wilmington, Wilmington Airport (ILG), and Philadelphia International Airport (PHL), providing unparalleled logistical advantages. The expansive lot size provides ample room for operations and future expansion, making it an attractive investment for businesses requiring significant outdoor space in a well-connected location within New Castle County. The property's industrial zoning ensures flexibility for a wide range of commercial and industrial applications. This is a rare opportunity to acquire a substantial, strategically located industrial lot in a thriving Delaware market. The property is ready for immediate development or use.

Property profile
Verified
Property type Gas stations
Use group GAS STATION
Year built 2007
Construction CONCRETE
Lot 22.87 ac (996,217 SF)
Zoning code I
APN 10-014.00-012
UPID US17-0118703
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Quarles Fleet Fueling Petroleum Products Company Gas Company
  • Arys Logistics Inc Warehouse & Storage
  • Toon Truck & Trailer Repair Auto Repair Shop
  • Quarles Petroleum Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k
Owner & transaction history
Continental Block Co · 1 yrs held
Continental Block Co
since 2025
4 recorded transactions
2025
Price N/A
2022
Price N/A
2012
Price N/A
2011
Price N/A
Zoning & alternative use
I · New Castle, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 by the Downtown Gateway (DG) zoning classification. Notwithstanding the foregoing prohibition on the construction or expansion of new or exi…

Zone name Industrial
General category INDUSTRIAL
Zone area 268.64 ac
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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