Financial
Distress signals
Property profile

92 Reads Way New Castle, DE 19720

FOR LEASE
Other commercial real estate
Property ID
US17-0319103
4.1 ac lot
Last sale Nov 1985 · $903,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This multi-story office building provides leasable office space on both the first and second floors and is configured to support demising to smaller suites as small as 2,000 SF. The building includes an atrium, refreshed common areas, and large windows intended to bring natural light into the interior spaces. A self-serve mini-café is located within the building. The property is set in a suburban park setting south of the city and is accessed via Routes 95, 141, and 1, with proximity to the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026
$300k
$270k – $330k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$280/SF
County average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$156 – $456

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BP
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.4
Pharmacy10.8
Dental Office9.9

Location

92 Reads Way New Castle, DE 19720
County assessor · not on file Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
137 Dupont, New Castle, DE 19720-4127 $250,000 May 2024 No data
7 Seaford, New Castle, DE 19720-1251 $104,925 Oct 2022 No data
156 Dupont, New Castle, DE 19720-3124 $2,520,000 May 2020 No data
11 Jackson, New Castle, DE 19720-6431 $680,000 May 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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