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Property profile & analytics
OFF-MARKET
Commercial land

1604 Pulaski Hwy Newark, DE 19702-4105

912 SF 0.85 ac lot Built 1950
Entity Owned Free & Clear
Property ID
US17-0232189
Property summary
AI-generated overview

This exceptional retail outparcel presents a unique investment opportunity in the thriving Bear, Delaware market. Strategically located on Pulaski Highway (Route 40), a heavily trafficked commercial corridor boasting 40,140 vehicles daily, this property benefits from its proximity to a regional retail hub. The site's convenient location offers easy access to Route 1 (Exit 160), providing a crucial north-south connection between Philadelphia and Baltimore, ensuring high visibility and accessibility for potential businesses. Bear, a rapidly growing CDP in New Castle County, is experiencing significant residential and commercial development, making this outparcel an ideal location for a variety of retail uses. The area's robust economy, with strong representation in healthcare, finance, and retail, further enhances the property's investment potential. This prime location offers unparalleled exposure to a large customer base, making it an attractive proposition for businesses seeking a high-traffic, easily accessible location within a dynamic and expanding community. The property's address is 1604 Pulaski Hwy, Newark, DE 19702.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1950
Total area 912 SF
Lot 0.85 ac (37,026 SF)
Zoning code CR
APN 10-048.00-002
UPID US17-0232189
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
New Castle County
New Castle County
since 2026
3 recorded transactions
2026
Price N/A
2024
$467,000
2020
$550,000
Zoning & alternative use
CR · Newark, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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