1685 River Rd, New Castle, DE 19720
For Lease
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.
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Tri-Supply & Equipment Building Supply Industrial Manufacturer
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Tri-Supply Building Supply Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HI · New Castle, DENew Castle. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.