Financial
Distress signals
Property profile

3 Mccullough Dr New Castle, DE 19720

OFF-MARKET
Other warehouses
Property ID
US17-0264242
12,000 SF 2 ac lot 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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

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

Realmo valuation models over county records and 9 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 comparables9

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 9 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
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