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    716 N Tatnall St Wilmington, DE 19801

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    For Sale
    $1,100,000

    Four-story office building in Wilmington's Central Business District.

    Property size:
    10,000 SF
    Lot size:
    0.05 Acres

    Property Features for 716 N Tatnall St

    General Information

    Size
    10,000 SF
    Lot size
    0.05 Acres

    Source: Sands Investment Group (SIG) | Philadelphia Agent Bart Tantillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wilmington Opportunity Zone Office Building

    This four-story office building is located in an Opportunity Zone in the heart of Wilmington's Central Business District. The 10,000-square-foot building includes an additional 2,000 square feet of finished basement space. Features include off-street parking, an elevator, and a new roof. The property is surrounded by several new construction multi-family and mixed-use projects. The seller is open to a leaseback of a portion of the building. Wilmington is home to the U.S. headquarters of AstraZeneca Pharmaceuticals, DuPont Chemical, Nestle Food, and Johnson Controls, offering a number of creative options for investors and developers.
    Location Intelligence

    Current Use by Public Records

    Timothy J. Weiler ... Bankruptcy Attorney Patriot USA LLC Janitorial Service CadRender Architectural And Engineering Model Maker Collins & Roop Law Firm Iron Dolphin Inc. ... Distribution Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5514802
    Latitude
    39.7440366

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    FAQs

    What type of property is this?
    Office building - Four-story office building in Wilmington's Central Business District.
    Where is this office building located?
    The property is located at 716 N Tatnall St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Located in an Opportunity Zone in the heart of Wilmington's Central Business District (CBD).; - Four-story building with off-street parking, elevator, and a new roof.; - 10,000 SF building with an additional 2,000 SF of finished basement space.
    (844) 474-4666
    Request Owner's contact information
    716 N Tatnall St Wilmington, DE 19801
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    Wilmington, DE 19801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    716 N Tatnall St Wilmington, DE 19801
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