399 Churchmans Rd New Castle, DE 19720
Property profile & analytics
399 Churchmans Rd, New Castle, DE 19720
- Refrigerated & Cold Storage
- 40,900 SF
- 8.63 lot acres
Property ID
US17-0204025
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
- NKS Distributors / Big Box & Wholesale Store / Distribution Center
Property Details for 399 Churchmans Rd
- Year built
- 1983
- Construction
- STONE
- Lot size
- 8.63 lot acres
- Zone code
- I
- Property type
- Refrigerated & Cold Storage
- APN
- 10-024.00-084
- APU
- 1002400084
Description
This exceptional Class A industrial property, located at 399 Churchmans Road in New Castle, Delaware (zip code 19720), offers 117,300 square feet of versatile space ideal for refrigerated storage, warehousing, or flex use. Currently vacant, this single-tenant building boasts significant improvements underway. Built in 1983 with expansions in 1991, 1999, and 2009, the property features 12 existing dock doors (expandable to approximately 20), a 26-foot clear height, and a column spacing of approximately 50' x 50'. Ample parking is available, including 139 car parking spaces (4 handicapped accessible) and up to 48 additional trailer spots. The property includes a 3,500 lb. capacity hydraulic elevator and an on-site fuel station. Power is robust, with 1,200 AMP, 480V 3-phase power in the warehouse (additional 600 AMP and 800 AMP, 480V 3-phase power also available). The property is zoned I (Industrial) and its tax parcel number is 10-024.00-84. Benefit from its strategic location near Routes 13 and 273, Interstate I-95, the New Castle County Airport, Amazon's 3.8M SF facility, the Delaware Memorial Bridge (5 miles), and the Port of Wilmington (7 miles). This prime location offers access to a total population of 88,837,130 within an eight-hour drive.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,310,000
- 6.5%
- $4,900,000
- 7%
- $4,550,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,931,000
Market price range: $920k - $3.93M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $5,620,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Castle
- County
- New Castle
- State
- Delaware
- Longitude
- -75.6181
- Latitude
- 39.6705
- 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
2024
$88,400
$379,700
$2,271,100
$2,650,800
-
$0.00
$0.00
$0.00
