308 Basin Rd New Castle, DE 19720-6406
Property profile & analytics
308 Basin Rd New Castle, DE 19720-6406
- Retail space
- 3,000 SF
- 2.13 lot acres
Property ID
US17-0489798
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
- Connecticut Metallurgical / Industrial Manufacturer / Production Facility
Property Details for 308 Basin Rd
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 2.13 lot acres
- Property size
- 3,000 SF
- Zone code
- I
- Property type
- Retail space
- APN
- 10-019.10-293
- APU
- 1001910293
Description
This exceptional industrial property, located at 310-312 W Basin RD in New Castle, DE, offers a highly desirable location with easy access to major transportation arteries including Route 13, I-95, I-295, I-495, and Route 1. The property consists of a single-story, 7,500 square foot building constructed in 1973, with the possibility of subdividing into 2,500 square foot units. The building features updated office/showroom space, enhancing its versatility for a variety of businesses. Practical features include two 10'x14' drive-in bay doors, providing convenient loading and unloading capabilities. The property benefits from three-phase power, ensuring sufficient electrical capacity for industrial operations. Built with durable masonry construction, the building is well-maintained and ready for immediate occupancy. With ample parking (50+ spaces), tenant and visitor parking is never a concern. The property sits on 2.13 acres of land and is zoned for industrial use, making it an ideal location for a range of businesses. Its strategic location in northern New Castle County provides easy transportation routes to all access points within the county. This is a rare opportunity to secure a well-located, versatile industrial space with excellent access to major transportation networks.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $390,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $485,000
- 6.5%
- $445,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $680,000
Market price range: $142k - $681k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $685,000 Current use
- COMMERCIAL (GENERAL)
- $840,000 Change: +22% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5914
- Latitude
- 39.6836
- 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
$13,657
$93,700
$352,100
$445,800
-
$0.00
$0.00
$0.00
