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    FOR LEASE
    Office Spaces

    1685 River Rd, New Castle, DE 19720

    992 SF 13.4 ac lot Built 1993
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US17-0314045
    1685 River Rd, New Castle, DE 19720 For Lease
    Contact for pricing
    1685 River Rd, New Castle, DE 19720
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    Property summary
    AI-generated overview

    This exceptional 1.5-acre industrial land parcel presents a unique leasing opportunity in New Castle, Delaware. Located at 1685 River Road, at the intersection of River Road and Govenor Lea Road, this property is zoned for Heavy Industrial use, making it ideal for a variety of businesses. The single-tenant site offers significant potential for development and is situated in a prime location, directly across from the Delaware City Refinery. The adjacency to White Cap, a building and material supply company, provides a strategic advantage for businesses requiring easy access to supplies and resources. The lot size is 1.5 acres, providing ample space for construction and operations. The property's zoning designation allows for a wide range of industrial uses, subject to local regulations and permitting. Further enhancing its appeal, the possibility of rail access exists, offering significant logistical benefits for businesses relying on rail transportation. This is a rare opportunity to secure a strategically located industrial land parcel in a thriving industrial area of Delaware. Interested parties are encouraged to conduct their own due diligence to verify zoning and permitted uses. The property address is 1685 River Road, New Castle, DE 19720.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1993
    Construction CONCRETE
    Total area 992 SF
    Lot 13.4 ac (583,704 SF)
    Zoning code HI
    APN 12-003.00-015
    UPID US17-0314045
    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
    • Tri-Supply & Equipment Building Supply Industrial Manufacturer
    • Tri-Supply Building Supply Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Osi 1685 River Rd LLC · 4 yrs held
    Osi 1685 River Rd LLC
    since 2022
    7 recorded transactions
    2022
    2021
    2017
    2005
    $10
    2004
    $10
    1969
    1969
    Zoning & alternative use
    HI · New Castle, DE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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