350 Pigeon Pt Rd, New Castle, DE 19720-1464
This exceptional 11,409-square-foot distribution center in New Castle, Delaware, presents a significant opportunity for businesses seeking a strategically located industrial space. Situated on a 1.54-acre lot, the property boasts a single-tenant occupancy, offering complete control and flexibility. The building features a generous 15-foot ceiling height, providing ample vertical space for storage and operations. Eight convenient drive-in doors ensure efficient loading and unloading, streamlining logistics. The property is zoned HI - Heavy Industrial (New Castle County), allowing for a wide range of industrial uses. Its prime location offers unparalleled access to major transportation arteries. Within minutes of Interstates 95, 495, and 295, the property provides seamless connectivity to the entire Eastern Seaboard. The proximity to the Port of Wilmington further enhances its logistical advantages. The location is also strategically positioned just 3 miles from Wilmington, 7 miles from New Jersey, and 33 miles from Philadelphia, providing access to a large and diverse workforce and consumer base. The entire 11,409 square feet is currently vacant, ready for immediate occupancy. This property is ideal for businesses seeking a modern, efficient, and strategically located distribution facility in the thriving Delaware market. The 19720 zip code ensures easy access to a robust infrastructure and support services.
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Freehold Cartage Inc Trucking Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HI · New Castle, DENew Castle. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.