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Property profile & analytics
FOR LEASE
Commercial land

361 Lisa Dr New Castle, DE 19720

23.61 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US17-0268724
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 361 Lisa Drive in New Castle, Delaware, presents a unique investment opportunity. The expansive 125,000 square foot warehouse sits on a substantial 23-acre lot, offering significant potential for various industrial uses. The property boasts a 40-foot ceiling height, providing ample vertical space for storage and operations. Access is enhanced by 32 loading docks and 2 drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 144 spaces. The property is zoned "I" Industrial, allowing for a wide range of industrial activities. The building is currently vacant, presenting a blank canvas for a build-to-suit project or a ground lease opportunity. Conveniently located near Route 13 in New Castle County, Delaware, this property offers excellent access to major transportation routes. The property's size and features make it ideal for large-scale distribution, manufacturing, or warehousing operations. This is a rare opportunity to acquire a significant industrial asset in a prime location. The property is situated in New Castle, DE, zip code 19720. Multiple tenants are possible.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 23.61 ac (1,028,452 SF)
Zoning code I
APN 10-030.00-093
UPID US17-0268724
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
New Castle Logistics LLC · 4 yrs held
New Castle Logistics LLC
since 2022
4 recorded transactions
2022
Price N/A
2021
Price N/A
2005
$10
1969
Price N/A
Zoning & alternative use
I · New Castle, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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