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    707 N West St Wilmington, DE 19801

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    For Sale
    $750,000

    Three-bay garage with parking for 100 cars in Downtown Wilmington.

    Property size:
    1,682 SF
    Lot size:
    0.79 Acres

    Property Features for 707 N West St

    General Information

    Size
    1,682 SF
    Lot size
    0.79 Acres

    Source: NAI Emory Hill Agent Rich Dudek

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

    Overview

    Downtown Wilmington Garage with Parking

    This property features a three-bay garage with parking space for 100 vehicles. It is situated at the intersection of Eighth & West, Eighth & Washington Streets, and Seventh & West in Downtown Wilmington, with access to Seventh Street. The property, encompassing 1,682 square feet, is zoned C4 and R-3. It is located in proximity to major office buildings, restaurants, theaters, and other attractions in Downtown Wilmington. The property is eligible for up to $1,500,000 in rebate funding from the Downtown Development District Grant Program.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

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

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

    Similar Places Nearby

    PSA Leasing Corporation, Zipcar, Ralphlezinllc

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5526721
    Latitude
    39.7445781

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    FAQs

    What type of property is this?
    Parking lot & garage - Three-bay garage with parking for 100 cars in Downtown Wilmington.
    Where is this parking lot & garage located?
    The property is located at 707 N West St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Eligible for up to $1,500,000 in rebate funding from Downtown Development District Grant Program; - Located at three Downtown Wilmington corners: Eighth & West, Eighth & Washington Streets, and Seventh & West; - 3 bay garage with parking for 100 cars
    (302) 893-7937
    Request Owner's contact information
    707 N West 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
    707 N West St Wilmington, DE 19801
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