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    1621 N Heald St Wilmington, DE 19802

    For Sale
    $375,000

    Warehouse/office building in downtown Wilmington, close to I-495.

    Property size:
    3,734 SF
    Lot size:
    0.21 Acres

    Property Features for 1621 N Heald St

    General Information

    Size
    3,734 SF
    Lot size
    0.21 Acres

    Source: LMT Commercial Realty / CORFAC International Agent David Burleigh

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

    Overview

    Downtown Wilmington Warehouse/Office Building

    An assemblage of two parcels is available for sale, featuring an office and/or warehouse building situated in the downtown district of Wilmington. The seller is offering both lots together. Potential uses for the property include a daycare, storage warehouse, auto body shop, moving/hauling terminal, utility/pumping substation, recycling collection center, and/or construction company. The property benefits from its location, with proximity to I-495 and The Port of Wilmington. The property size is 3,734 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shelia's Childcare Center Day Care Center

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store Skin Care Clinic

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

    Similar Places Nearby

    Self-Storage at U-Haul

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5327541
    Latitude
    39.7460128

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    FAQs

    What type of property is this?
    Warehouse - Warehouse/office building in downtown Wilmington, close to I-495.
    Where is this warehouse located?
    The property is located at 1621 N Heald St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Assemblage of two parcels in downtown Wilmington; - Excellent location close to I-495 and The Port of Wilmington; - Suitable for office and/or warehouse use
    (302) 547-7370
    Request Owner's contact information
    1621 N Heald St Wilmington, DE 19802
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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
    1621 N Heald St Wilmington, DE 19802
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