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Property profile & analytics
OFF-MARKET Estimated value $6,490,000
Outlet malls

2800 Pulaski Hwy Newark, DE 19702-3913

80,794 SF 9.88 ac lot Built 2002
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US17-0319312
Property summary
AI-generated overview

This exceptional 1-acre retail pad site, located at 2800 Pulaski Hwy in Newark, Delaware (zip code 19702), presents a unique investment opportunity. Situated at the intersection of Pulaski Highway and Peach Creek Drive in New Castle County, this property offers unparalleled visibility and accessibility. The site's 43,560 square feet provide ample space for a variety of retail developments, including drive-thru capabilities, as indicated by the property subtype. The single-tenant configuration offers streamlined management and potential for long-term lease agreements. This location benefits from high traffic counts and proximity to established businesses, ensuring strong potential for customer traffic and revenue generation. The property is zoned for commercial use and is ready for immediate development. This is an ideal opportunity for businesses seeking a high-profile location in a thriving Delaware market. The site is available for ground lease, offering flexibility and potential for customized development plans. Interested parties are encouraged to explore the possibilities of this exceptional retail pad site. Its strategic location and versatile layout make it an attractive investment for discerning developers and businesses alike. Contact us to learn more about this prime commercial real estate opportunity.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2002
Construction CONCRETE
Total area 80,794 SF
Lot 9.88 ac (430,373 SF)
Zoning code CR
APN 11-026.00-157
UPID US17-0319312
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
  • Kohl's Department Store
  • SEPHORA at Kohl's Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.49M
Owner & transaction history
KOHLS DEPARTMENT STORES INC
KOHLS DEPARTMENT STORES INC
Zoning & alternative use
CR · Newark, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source BILL NO
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