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Property profile

3 Mccullough Dr New Castle, DE 19720

OFF-MARKET
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Property ID
US17-0264242
12,000 SF 2 ac Built 1988
Last sale Jan 2021·$1,292,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 3 McCullough Drive, the property is a stand-alone industrial building totaling 27,313 square feet on approximately 2 acres in the Southgate Industrial Park of New Castle. The site includes a fenced yard with an exposed loading platform formed by a ramp. Vehicle access is provided by two oversized drive-in doors—one at the front of the building measuring approximately 18 feet wide by 14 feet high, and a second adjacent door opening to the yard measuring approximately 16 feet wide by…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$431k
Assessed land$88k
Assessed improvement$343k
Effective rate3.33%

Value estimate

· Nov 2026
$1.63M
$1.47M – $1.79M
AI approach$1.57M
CAP approach$1.44M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$67 – $198
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
The I district is intended to provide for industrial expansion within the city. Industrial uses which may be objectionable or have advers...
General categoryINDUSTRIAL
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency55.2
Law Firm37.5
Restaurant36.0

Location

3 Mccullough Dr New Castle, DE 19720-2007
County assessor Recorded deeds · 3 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
459 Old Airport, New Castle, DE 19720-1001 $600,000 Jun 2022 4,000 SF
900 Uniqema, New Castle, DE 19720-2789 $1,300,000 Jan 2022 11,568 SF
401 Dupont, New Castle, DE 19720-4605 $500,000 Nov 2021 3,500 SF
144 Quigley, Historic New Castle, DE 19720-4199 $3,400,000 Dec 2019 41,000 SF
615 Lambson, New Castle, DE 19720-2103 $5,500,000 Oct 2019 29,889 SF
950 Red Lion, New Castle, DE 19720-5205 $7,538,376 Apr 2019 19,665 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $2,050,000
    29,840 SF
    1142 Riv Rd
    WAREHOUSE, STORAGE
    1142 Riv Rd, New Castle, DE 19720-5106
    View Details
  • Value Estimation
    $2,665,000
    42,500 SF
    6 Bellecor Dr
    WAREHOUSE, STORAGE
    6 Bellecor Dr, New Castle, DE 19720-1741
    View Details
  • Value Estimation
    $5,050,000
    48,304 SF
    721 Hamburg Rd
    WAREHOUSE, STORAGE
    721 Hamburg Rd, New Castle, DE 19720-5101
    View Details
  • Value Estimation by Request
    39,941 SF
    256 Quigley Blvd
    Life science properties
    256 Quigley Blvd, New Castle, DE 19720
    View Details
  • Value Estimation
    $535,000
    4,684 SF
    414 Churchmans Rd
    WAREHOUSE, STORAGE
    414 Churchmans Rd, New Castle, DE 19720-3157
    View Details
  • Value Estimation
    $775,000
    10,201 SF
    65 Christiana Rd
    WAREHOUSE, STORAGE
    65 Christiana Rd, New Castle, DE 19720-3104
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    34,751 SF
    New Castle Flex/Warehouse Space
    Move-in ready flex/warehouse with heavy electric and high ceilings.
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  • New
    Contact for pricing
    55,380 SF
    Industrial Building Near Major Interstates
    Well-located industrial building with highway access and recent upgrades.
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    View Details
  • Contact for pricing
    125,000 SF
    Class A Warehouse with Dock Capacity
    Industrial-zoned facility includes high-clearance space, loading infrastructure, and on-site parking.
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    View Details

Similar Nearby for Lease

  • Contact for pricing
    13,500 sqft
    Flex Space with Loading Docks
    Flex/industrial suites feature 18’ clear ceilings, gas heat, and a fully gated facility with ample parking.
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  • Contact for pricing
    14,400 sqft
    Industrial Property
    Industrial space is available for rent at the Port of Wilmington.
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  • New
    Contact for pricing
    9,585 sqft
    Light Industrial Warehouse Buildings
    Single-story warehouse buildings offer loading access, optional conditioned space, and areas for industrial outdoor storage.
    31-47 Reads Way, New Castle, DE 19720
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  • $14 SF/Yr
    2,000 sqft
    Flex Warehouse Suite with Offices
    Flex warehouse space with two drive-in doors, shop office, private restroom, and 14' clear height.
    23 Parkway Circle, New Castle, DE 19720
    View Details
  • New
    $13.50 SF/Yr
    7,500 sqft
    7,500 SF Flex/Industrial Space
    Flex/industrial space with ample parking near major intersection.
    79 Christiana Rd, New Castle, DE 19720
    View Details
  • Contact for pricing
    19,467 sqft
    Port-Adjacent Industrial Property
    Regional highway connections link the facility with Delaware, New Jersey, Pennsylvania, and Maryland.
    1-23 Harbor View Dr, New Castle, DE 19720
    View Details
Research This Page with AI

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