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Property profile & analytics
OFF-MARKET
Industrial properties

708 Grantham Ln New Castle, DE 19720

2,533 SF
Property ID
US17-0291647
Property summary
AI-generated overview

This exceptional 2,533 square foot industrial distribution property, located at 708 Grantham Lane in New Castle, Delaware (zip code 19720), presents a unique investment opportunity. Situated on a 0.26-acre lot, the property boasts convenient access to major transportation arteries, including Route 9, Route 141, Route 13, and the I-95 interchanges, ensuring seamless logistics and distribution capabilities. The site is already cleared and prepared for immediate development, with approved grading, parking, and development plans from New Castle County Land Use. These plans accommodate a free-standing warehouse structure with ample parking for twelve vehicles. While the buyer will be responsible for securing and finalizing architectural plans for their desired structure, the groundwork is complete, minimizing delays and streamlining the construction process. This turnkey opportunity offers significant potential for immediate occupancy and operational efficiency. The asking price is $195,000, translating to a price per square foot of $88.83. This property is zoned for industrial use and represents a compelling investment in a strategically advantageous location. Don't miss this chance to acquire a ready-to-develop industrial space in a thriving Delaware market.

Property profile
Verified
Property type Industrial properties
Total area 2,533 SF
UPID US17-0291647
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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