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This exceptional industrial property in New Castle, Delaware, offers 10.607 acres of HI-UDC zoned land ideally situated near I-95. The portfolio includes eight buildings totaling significant square footage: Building #1 (4441 sq ft), Building #2 (2073 sq ft), Building #3 (3448 sq ft, two stories, 1724 sq ft base), Building #4 (3049 sq ft), Building #5 (4362 sq ft, two stories, 2181 sq ft base), Building #6 (677 sq ft), Building #7 (3484 sq ft), and Building #8 (4230 sq ft). The property has a rich history, operating successfully as a salvage yard for over 65 years, presenting a unique opportunity for redevelopment or continued use. The asking price is $12,728,400, representing a land value of $1,200,000 per acre. The location provides excellent access to major transportation routes, making it an attractive investment for a variety of industrial uses. The property's size and zoning offer considerable flexibility for future development plans. This is a rare opportunity to acquire a substantial industrial property with significant potential in a prime Delaware location. The addresses are 453, 455, and 459 Old Airport Road, New Castle, DE 19720.
Highlights
10.607-acre industrial property in New Castle, DE, zoned HI-UDC, near I-95.
Eight buildings totaling significant square footage, including Building #1 (4,441 sq ft), Building #2 (2,073 sq ft), Building #3 (3,448 sq ft), Building #4 (3,049 sq ft), Building #5 (4,362 sq ft), Building #6 (677 sq ft), Building #7 (3,484 sq ft), and Building #8 (4,230 sq ft). Some buildings are two-story.
$12,728,400 asking price; $1,200,000 per acre land value.
Located at 453, 455, and 459 Old Airport Road, New Castle, DE 19720.
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