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    19 Gordon St Wilmington, DE 19802

    For Sale
    $50,000

    Garages with lot, fully rented, immediate cash flow.

    Lot size:
    0.03 Acres

    Property Features for 19 Gordon St

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1975

    Source: Tesla Realty Group, LLC Agent Colette Ilodigwe

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

    Overview

    Fully Rented Garages with Lot

    This property presents an opportunity to own garages and storage space within the city, accompanied by a lot included in the sale. The garages are fully rented with long-term tenants currently in place. The property generates immediate and positive cash flow. There are four tenants on month-to-month leases. The property requires very low maintenance. Parcel descriptions are available on site (19-19A, 19B, 19C and lot).
    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, 28th Street Auto Sales & Service, Zipcar, U-Haul Moving & Storage of Wilmington, Ralphlezinllc

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5383503
    Latitude
    39.7525471

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    FAQs

    What type of property is this?
    Parking lot & garage - Garages with lot, fully rented, immediate cash flow.
    Where is this parking lot & garage located?
    The property is located at 19 Gordon St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Fully rented garages with long-term tenants offering immediate and positive cash flow.; - Low maintenance property, ideal for hands-off ownership.; - Includes a lot in the sale, adding value and potential.
    (302) 287-4821
    Request Owner's contact information
    19 Gordon St Wilmington, DE 19802
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    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
    19 Gordon St Wilmington, DE 19802
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