211 Lake Dr Newark, DE 19702
Property Lookup
Property profile & analytics
211 Lake Dr Newark, DE 19702
- Office properties & Spaces
- 40,914 SF
- 4.65 lot acres
Property ID
US17-0184341
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Alias Group / Production Facility
- Coventry Health Care Inc / Insurance Agency
- Mussel Buster / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store
- Alias Cann / Business Service Center
Property Details for 211 Lake Dr
- Year built
- 1988
- Construction
- CONCRETE
- Lot size
- 4.65 lot acres
- Property size
- 40,914 SF
- Zone code
- BP
- Property type
- Office properties & Spaces
- APN
- 11-021.00-018
- APU
- 1102100018
Description
This exceptional 15,460-square-foot flex space is situated within the prestigious Pencader Corporate Center, a 350-acre business park in Newark, Delaware. The single-story building boasts a steel and brick construction, offering a modern and durable workspace. High ceilings, ranging from 10 to 16 feet, provide ample vertical space, while one loading dock and one drive-in door ensure efficient loading and unloading. The property features 210 paved parking spaces, providing ample parking for employees and visitors. The building is fully conditioned and equipped with a robust power supply, including a 2000-amp, 3-phase electrical service (480/277V) and a substantial 800-amp backup generator, ensuring uninterrupted operations. The property is conveniently located on Route 896, offering easy access to Interstate 95 and Route 40. The Pencader Corporate Center itself is known for its attractive landscaping, wide boulevards, and underground utilities. This space is zoned BP and is currently entirely vacant, offering immediate occupancy. The entire 15,460 square feet is available, though it is divisible. The property's location within this well-maintained business park provides a professional and appealing environment for businesses of all sizes. The ample parking and convenient access to major roadways make this an ideal location for companies seeking a functional and well-situated industrial space. The building's features, including the high ceilings and robust power supply, make it suitable for a variety of industrial and flex uses.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,950,000
- 6.5%
- $6,415,000
- 7%
- $5,955,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,310,000
Market price range: $2.02M - $11.1M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- New Castle
- State
- Delaware
- Longitude
- -75.7522
- Latitude
- 39.615
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$91,468
$162,800
$2,024,500
$2,187,300
-
$0.00
$0.00
$0.00
