Property summary
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
VerifiedCap rate & NOI
Current use
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Building Supply Industrial Manufacturer
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Building Supply Industrial Manufacturer
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HI · New Castle, DEZoning
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Zoning designation
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