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Warehouse with Office and Gated Lot
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3030 Bowers St, Wilmington, DE 19802

Warehouse and office building includes dock and drive-in access, a 0.45-acre gated lot, and wet sprinkler system.

Property Size49,788 SF
Lot Size0.45 Acres
Price / SF$74.32
Days on Market373

Property Features for 3030 Bowers St

General Information

Standard status Active
Size 49,788 SF
Total Parking Spaces 64
Lot size 0.45 Acres
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Fenced Yard Yes

Warehouse & Industrial

Clear Height 20 ft
Dock-High Doors 3
Drive-In Doors 1
Sprinkler System Yes

Additional Details

Opportunity Zone Yes
Listing Agency: NAI Emory Hill
Listed By: Rich Dudek
Source: Moodyscre
Added: Oct 21, 2025 Changed: Oct 25 Last Checked: Oct 26 at 5:09PM

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

Rey
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Investment Insights

Based on property information with market context.

Warehouse building with approximately 35,000 +/- SF of warehouse space and 15,000 +/- SF of office space. The facility is served by 1 drive-in door and 3 dock doors, with approximately 2,500 SF of covered dock area. Warehouse ceiling heights are 20', with 40' x 25' column spacing. The building is sprinklered with a wet fire suppression system, and includes a gated lot of approximately 0.45 +/- acres.

The property is located in Wilmington, Delaware, just minutes from I-495 and I-95 and in the city’s major transportation hubs. It is in an SBA HUBZone and Delaware Opportunity Zone and is just outside the coastal zone. Parking totals 64 spaces, including 24 in the gated area and 40 on the street (non-metered and unmarked).

The building is currently owned by a non-profit organization and is described as suitable for distribution, light manufacturing, office/showroom use, or a combination of those commercial operations.

Key Highlights

  • Warehouse building with 35,000 +/- SF warehouse and 15,000 +/- SF office space in Wilmington, DE
  • Dock and drive‑in access: 1 drive‑in door, 3 dock doors, and a 2,500 SF covered dock
  • Warehouse features 20' ceiling heights with 40' x 25' column spacing

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$280,730
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,614,600 $5.6M
Cap Rate 7%
$4,010,429 $4.0M
Cap Rate 9%
$3,119,222 $3.1M
Market Conditions
NOI Build-Up for 49,788 SF
Gross rent
$448.1K $9.00/SF
− Vacancy
−$47.0K −$0.95/SF
EGI
$401.0K $8.06/SF
− OpEx
−$120.3K −$2.42/SF
NOI
$280.7K $5.64/SF
Area
New Castle County, DE
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,614,600
Cap Rate 7%
$4,010,429
Cap Rate 9%
$3,119,222

Alternative Uses

Best Use
Office B
$9.69M
$8.48M – $11.30M (±1% cap)
NOI $678,142 @ 7.0% cap · market cap 18.33%
Second Best
Flex RnD
$6.75M
$5.91M – $7.88M (±1% cap)
NOI $472,598 @ 7.0% cap · market cap 12.77%
Theoretical Best
Office A
$11.91M
$10.42M – $13.89M (±1% cap)
NOI $833,618 @ 7.0% cap · market cap 22.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

NERDiT NOW Recycling Center OCI Employment Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
3
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19802, DE

26,189
Population
11,596
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
89%
High-School Grad
3.5 sq mi
ZIP Area
7,483
Density / Sq Mi
$54,370
Median Household Income
$39,579
Median Earnings
$1,236
Median Rent
$188,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Sum2Eat — 2810 N Church St #659120, Wilmington, DE 19802
  • Prime Hospitality Catering — 321 E Lea Blvd, Wilmington, DE 19802

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse and office building includes dock and drive-in access, a 0.45-acre gated lot, and wet sprinkler system.
Where is this flex space located?
The property is located at 3030 Bowers St Wilmington, DE.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Warehouse building with 35,000 +/- SF warehouse and 15,000 +/- SF office space in Wilmington, DE; Dock and drive‑in access: 1 drive‑in door, 3 dock doors, and a 2,500 SF covered dock; Warehouse features 20' ceiling heights with 40' x 25' column spacing
(302) 893-7937 Call to check price and availability
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