317 Old State Rd New Castle, DE 19720
- Commercial real estate
- 3.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 317 Old State Rd
- Lot size
- 3.13 lot acres
- Property type
- Commercial real estate
- APN
- 10-034.00-064
Description
This exceptional 3.13-acre commercial land parcel, located at 317 Old State Rd, New Castle, DE 19720, presents a unique development opportunity. Situated off southbound Route 13 Dupont Highway, just south of the Route 13-40 split, and behind the Pockets Shopping Center, this property boasts a highly desirable Commercial Regional (CR) zoning designation within New Castle County. A previously approved plan, available for review, details a potential 3-story, 80-key hotel with a 37,421 square foot building. While the 2010 Record Plan has expired, it serves as a valuable concept for potential uses. The CR zoning allows for a wide range of development possibilities, and a detailed CR use chart is accessible for thorough due diligence. The property's prime location and flexible zoning make it an attractive investment for developers seeking a high-impact project. The parcel's APN is 10-034.00-064. The asking price for this exceptional opportunity is $1,800,000. This is a rare chance to acquire a significant commercial land holding in a thriving Delaware location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Longitude
- -75.622444944835
- Latitude
- 39.649604675852