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7-Unit Office Building
New
For Sale
$1,475,000

4708 Kirkwood Highway, Wilmington, DE 19808

Renovated in 2024, the property is fully occupied across its multi-unit office configuration.

Property Size11,000 SF
Price / SF$134.09
Days on Market3

Property Features for 4708 Kirkwood Highway

General Information

Standard status Active
Size 11,000 SF
Class B
Property subtype Office
Zoning CR - UDC - COMMERCIAL REGIONAL
Occupancy 100%

Additional Details

Office Units 7

Building Details

Building Size 11,000 SF
Year Built 1963
Year Renovated 2024
Buildings 1
Tenancy Multi
Listing Agency: LMT Commercial Realty, LLC.
Listed By: Tyler Foresta · License #RS-0025429
Source: Lmtcre
Added: Sep 24 Last Checked: Sep 24 at 2:01PM

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 LMT Commercial Realty, LLC.

Investment Insights

Based on property information with market context.

This office building at 4708 Kirkwood Highway in Wilmington contains 11,000 +/- SF across 7 units. Built in 1963, it received renovations in 2024 and is currently 100% occupied. The property is zoned CR - UDC - COMMERCIAL REGIONAL.

The existing occupancy is associated with short-term leases. The building’s office configuration and recent renovation are complemented by its location on Kirkwood Highway in Wilmington.

Key Highlights

  • 11,000 +/- SF office building
  • 7 units
  • Renovated in 2024

Property Analytics

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Current Use

Carmelina Barreto Interiors Interior Design COX Consulting Services Accounting Firm J&R Nail Spa Nail Salon The Underground Studio Training Center Cox Consulting Services ... Accounting Firm

Suggested Use

Top Pick Hair Salon HVAC Service Law Firm Big Box & Wholesale Store Parking Lot & Garage Real Estate Agency

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

7
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,105
Businesses Nearby

Demographics for 19808, DE

39,285
Population
16,037
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,847
Density / Sq Mi
$92,883
Median Household Income
$53,084
Median Earnings
$1,357
Median Rent
$309,700
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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated in 2024, the property is fully occupied across its multi-unit office configuration.
Where is this office building located?
The property is located at 4708 Kirkwood Highway Wilmington, DE.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 11,000 +/- SF office building; 7 units; Renovated in 2024
More about this property
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