New Castle County property record for 405 Pencader Dr, Newark, DE 19702
| Property Type | Warehouse, Storage |
|---|---|
| Details | 125,726 sqft · built 1990 |
| Lot Size | 11.1 acres (487,001 sqft) |
| Owner | Company Name on Record |
| Last Sale | $18,600,000 (Sep 2025) |
| Tax Bill | $33,021 (2025) |
| Deeds & Mortgages | Sep 2025 Mortgage Sep 2025 Sale + 3 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 11-021.00-023 |
| Primary APN | 11-021.00-023 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 125,726 sqft Gross Area |
| 1st Floor Area | 125,726 sqft |
| Year Built | Built 1990 |
|---|---|
| Effective Year Built | Effective 1990 |
| Exterior Material | Metal |
| Construction Type | Concrete |
| Lot Area | 487,001 sqft (11.1 acres) |
| Lot Dimensions | 538 ft deep x 996 ft wide |
| Heating System | HVAC |
|---|---|
| Sewer | Connected |
| Street Address | 405 PENCADER DR |
|---|---|
| City | NEWARK |
| State | DE |
| Zip | 19702-3341 |
| Property Category | Industrial |
| Property Type | Industrial > Warehouse, Storage |
| Local Zoning Code | BP |
| Legal Subdivision | PENCADER CORP CTR |
| Legal Lot Number | 11 |
| Jurisdiction | NEW CASTLE DE |
| Township / Civil Division | GLASGOW |
| Census Block Group | 1 |
| Census Block | 1013 |
| Census Tract | 14814 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Listed Area | Within New Castle and Frenchtown Railroad Right-of-Way listed 1976 · 2 contributing resources · NRIS 76002290 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
Source: New Castle County records, as of April 13, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 405 PENCADER DR, NEWARK, DE 19702-3341 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Date | Document |
|---|---|
| Sep 30, 2025 | Deed of Trust, Mortgage · Commercial Mortgage OCBC BANK |
| Sep 30, 2025 | Deed, Transfer |
| Feb 11, 2022 | Deed of Trust, Mortgage · Unknown CITI REAL ESTATE FUNDING INC |
| Dec 16, 2019 | Grant Deed, Mortgage · Line of Credit WELLS FARGO BK |
| Jul 19, 2017 | Grant Deed, Transfer ATTORNEY ONLY |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Sep 30, 2025 · Amount on Record |
| Deed Sale | Sep 30, 2025 · Amount on Record |
| Prior Sale | Jul 16, 2014 · Amount on Record |
| Deed Document Number | 202570436 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Property Address | 405 PENCADER DR, NEWARK, DE 19702-3341 |
| Transaction Type | Mortgage |
| Record Updated | Oct 15, 2025 |
| Name | Verified Name |
|---|
| Document Number | 0000070531 |
|---|---|
| Date | Sep 30, 2025 |
| Instrument | 20250930-0070531 |
| Name | OCBC BANK |
|---|---|
| Type | Bank |
| Address | NEW YORK, NY 10001 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Recording Date | Sep 30, 2025 |
| Property Address | 405 PENCADER DR, NEWARK, DE 19702-3341 |
| Document Number | 0000070436 |
| Instrument Date | Sep 19, 2025 |
| Instrument | 20250930-0070436 |
| Transaction Type | Transfer |
| Record Updated | Oct 15, 2025 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 200 PARK AVE, NEW YORK, NY 10166-0005 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Property Address | 405 PENCADER DR, NEWARK, DE 19702-3341 |
| Transaction Type | Mortgage |
| Record Updated | Jul 27, 2022 |
| Name | Verified Name |
|---|---|
| Address | 345 PARK AVE, NEW YORK, NY 10154-0004 |
| Document Number | 0000018190 |
|---|---|
| Date | Feb 11, 2022 |
| Instrument | 20220211-0018190 |
| Name | CITI REAL ESTATE FUNDING INC |
|---|---|
| Type | Non-Lending Institution |
| Address | NEW YORK, NY 10013 |
| Type | Unknown |
|---|---|
| Amount | Amount Recorded |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Recording Date | Dec 16, 2019 |
| Property Address | 405 PENCADER DR, NEWARK, DE 19702-3341 |
| Instrument Date | Dec 10, 2019 |
| Instrument | 102210 |
| Transaction Type | Mortgage |
| Record Updated | Jan 6, 2020 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 345 PARK AVE NEW YORK NY 101540004, NEW YORK, NY 10154-0004 |
| Document Number | 0000102210 |
|---|---|
| Date | Dec 16, 2019 |
| Instrument | 102210 |
| Name | WELLS FARGO BK |
|---|---|
| Type | Bank |
| Address | 401 S TRYON ST, CHARLOTTE, NC 28202-1934 |
| Type | Line of Credit |
|---|
| Rate Type | Adjustable Rate |
|---|
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Recording Date | Jul 19, 2017 |
| Property Address | 405 PENCADER DR, NEWARK, DE 19702-3341 |
| Document Number | 0000036237 |
| Instrument Date | Jul 17, 2017 |
| Instrument | 36237 |
| Transaction Type | Transfer |
| Record Updated | Mar 7, 2019 |
| Title Company | ATTORNEY ONLY |
| Amount | Amount Recorded |
|---|---|
| Tax | $97,500.00 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 13727 NOEL RD #750 DALLAS TX 752401367, 750, DALLAS, TX 75240-1367 |
| Investor | Possibly a Property Investor |
Source: New Castle County assessment roll, as of April 13, 2026
| Type | Name |
|---|---|
| State | Delaware |
| County | New Castle County |
| Unified School District | Christina School District (PK - 12) |
| Year | Tax Bill | Assessed Value |
|---|---|---|
| 2025 | $33,021.00 (-70.58%) | $7,711,100 (+192.5%) Land $1,453,400 Building $6,257,700 |
| 2024 | $112,257.00 (+1.83%) | $2,636,300 (-) Land $391,300 Building $2,245,000 |
| 2023 | $110,243.00 | $2,636,300 Land $391,300 Building $2,245,000 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
Source: FEMA National Flood Hazard Layer, effective January 21, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 1 in force |
| Nearby Flood Claims | 1 (2013) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | Jun 2013 · other causes |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · above 47% of Delaware |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | ARTESIAN WATER COMPANY private · serves 231,114 people · EPA ID DE0000552 |
|---|---|
| Water Source | Purchased surface water from several systems |
| Last State Inspection | Oct 2025 |
| Lead | 1 ppb (2024–2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 84 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Verizon Fiber · Fixed Wireless in parts of the area | 2,300 / 2,300 |
| Xfinity Cable | 2,000 / 250 |
| T-Mobile Fixed Wireless | 100 / 20 |
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