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    1324 12Th St Wilmington, DE 19802

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    For Lease
    Contact for pricing

    82,628 SF Office/Warehouse For Lease

    Lot size:
    82,628 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 82,628-square-foot single-tenant property, located at 1324-1328 E. 12th Street in Wilmington, Delaware, presents a unique opportunity for businesses seeking expansive space. The building is classified as both office and industrial, offering a versatile layout suitable for a variety of uses. The property boasts impressive ceiling heights ranging from 16 to 22 feet, providing ample vertical space for storage or specialized equipment. Power is robust, featuring 11,000-volt, 9413 KVA service, ensuring sufficient capacity for energy-intensive operations. Situated in New Castle County, this strategically located property offers easy access to major transportation routes, making it an ideal location for distribution and logistics. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property's size and features make it suitable for a wide range of businesses, from manufacturing and distribution to corporate headquarters and specialized industrial operations. The address is 1324-1328 E. 12th Street, Wilmington, DE 19802. This is a single-tenant occupancy property.

    Property Features for 1324 12Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    82,628 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    82,628 SF

    HighLights

    • 11,000‑volt, 9413 KVA power; manufacturing, warehouse, and office space.
    • I‑495 access via 12th Street exit.
    • Dock‑high and drive‑in loading.
    • Two‑minute proximity to the Port of Wilmington.
    • 16‑22' clear ceiling heights.
    • Potential rail service and upgraded dry sprinkler system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5278801
    Latitude
    39.7394753

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    FAQs

    What type of property is this?
    Distribution property - 82,628 SF Office/Warehouse For Lease
    Where is this distribution property located?
    The property is located at 1324 12Th St Wilmington, DE.
    What are key features of this property?
    This property features: 11,000-volt, 9413 KVA power; manufacturing, warehouse, and office space.; I-495 access via 12th Street exit.; Dock-high and drive-in loading.
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    1324 12Th 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
    1324 12Th St Wilmington, DE 19802
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