1175 -- 1195 E 7th Street Wilmington DE USA Wilmington, DE 19801

Listing Agency Investment Property Sercives d***@ipsde.com Show Phone

Listed by Domenick Peronti · License #DE RB0020193

Source Crexi

Added: Feb 10 Checked: Jul 13 at 12:32 pm

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Investment Insights

Based on property information with market context.

Available for sale is an approximately 10.2-acre assemblage of three contiguous parcels located at 1175, 1190, and 1195 E 7th Street in Wilmington, Delaware's industrial corridor. The site is zoned W-3 (Waterfront Low-Intensity Manufacturing/Commercial Recreation), offering flexible use options such as Industrial Outdoor Storage (IOS), warehouse/distribution, light manufacturing, and select commercial applications. The property allows for up to 885,000 buildable square feet, subject to site planning, with up to 2.0 FAR and 0.6 lot coverage permitted under zoning. The site is delivered vacant with no existing leases, making it ready for activation or redevelopment. The property is located within a federally-designated Opportunity Zone, potentially offering investors capital gains tax advantages. The location provides regional access for logistics users, situated approximately 0.4 miles from I-495, 1.7 miles from I-95, and 2.3 miles from the Port of Wilmington.

Key Highlights

• Rare 10.2‑acre industrial site with flexible W‑3 zoning.
• Located in a Federal Opportunity Zone, offering potential capital gains tax advantages.
• Unmatched regional access: just minutes from I‑495, I‑95, and the Port of Wilmington.

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FAQs

What type of property is this?

Industrial land - 10.2-acre industrial site in Wilmington's Opportunity Zone.

Where is this industrial land located?

The property is located at 1175 -- 1195 E 7th Street Wilmington DE USA Wilmington, DE.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Rare 10.2‑acre industrial site with flexible W‑3 zoning.; Located in a Federal Opportunity Zone, offering potential capital gains tax advantages.; Unmatched regional access: just minutes from I‑495, I‑95, and the Port of Wilmington.