CN-Zoned Office Redevelopment
For Sale
Contact for pricing
1809 Marsh Rd, Wilmington, DE 19810
CN-zoned infill site with a 2,000+ SF building and strong Marsh Road visibility across from Branmar Plaza.
Property Size2,000 SF
Lot Size0.47 Acres
Price / SF$422.50
Days on Market286
Property Features for 1809 Marsh Rd
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.47 Acres
Property subtype
OFFICE
Zoning
CN
Site & Location
Traffic Count
18,000 vehicles/day
Highway Access
Yes
Listing Agency:
NAI Emory Hill
(302) 561-0385
Listed By:
Lorraine Sheldon
(302) 561-0385
Source:
Moodyscre
Added: Oct 21, 2025
Changed: Jul 26
Last Checked: Jul 26 at 5:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Emory Hill
Investment Insights
Based on property information with market context.
1809 Marsh Road presents a CN-zoned infill redevelopment site totaling approximately 0.47 acres, improved with a 2,000+/- SF building. The property is suited for small-scale, high-margin uses and also offers redevelopment flexibility for an incoming buyer.
The site has excellent visibility and frontage on Marsh Road, with traffic counts exceeding 18,000+ VPD. It sits directly across from Branmar Plaza, which is anchored by ACME, Walgreen’s, and M&T Bank, and is close to new nearby openings including a Chase Bank and Lidl. The property is also in proximity to I-95.
The site has excellent visibility and frontage on Marsh Road, with traffic counts exceeding 18,000+ VPD. It sits directly across from Branmar Plaza, which is anchored by ACME, Walgreen’s, and M&T Bank, and is close to new nearby openings including a Chase Bank and Lidl. The property is also in proximity to I-95.
Key Highlights
- ~0.47‑acre CN‑zoned infill commercial redevelopment site with a 2,000+/- SF building
- Frontage and visibility on Marsh Road with traffic counts exceeding 18,000+ VPD
- Located directly across from Branmar Plaza anchored by ACME, Walgreens, and M&T Bank
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.0k | $27.48 |
| − Vacancy | −$6.9k | −$3.44 |
| EGI | $48.1k | $24.05 |
| − OpEx | −$19.2k | −$9.62 |
| NOI | $28.9k | $14.43 |
2,000 SF · lease $27.48/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$412.2K
$360.7K – $480.9K
NOI $28,854 @ 7.0% cap · market cap 3.41%
Second Best
Office B
$389.2K
$340.5K – $454.0K
NOI $27,241 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$478.4K
$418.6K – $558.1K
NOI $33,487 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
Explore this area
Business Placement
Demographics for 19810, DE
25,270
Population
11,000
Households
2.3
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
7.9 sq mi
ZIP Area
3,199
Density / Sq Mi
$110,486
Median Household Income
$61,118
Median Earnings
$1,517
Median Rent
$420,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - CN-zoned infill site with a 2,000+ SF building and strong Marsh Road visibility across from Branmar Plaza.
Where is this office units located?
The property is located at 1809 Marsh Rd Wilmington, DE.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: ~0.47‑acre CN‑zoned infill commercial redevelopment site with a 2,000+/- SF building; Frontage and visibility on Marsh Road with traffic counts exceeding 18,000+ VPD; Located directly across from Branmar Plaza anchored by ACME, Walgreens, and M&T Bank
