110 Market St Wilmington, DE 19804
This exceptional single-tenant flex space, located at 110-112 W Market St in Newport, Delaware, presents a unique investment opportunity. The property boasts a total of 7,535 square feet, with 5,400 square feet currently vacant, offering significant potential for immediate occupancy. Built in 1963, this one-story building features convenient drive-in access with two loading docks, eliminating the need for cumbersome loading procedures. The property's classification as both retail and industrial makes it highly versatile, suitable for a wide range of businesses. Its location in the vibrant city of Newport, Delaware, with a zip code of 19804, ensures high visibility and accessibility. The property is easily accessible via major roadways, providing excellent connectivity for both employees and customers. The absence of elevators is offset by the single-story design, promoting efficient workflow. This is an ideal space for businesses seeking a functional and strategically located property in a thriving Delaware community. The 5,400 square feet of vacant space offers immediate potential for customization and expansion, allowing businesses to tailor the space to their specific needs. This property is a rare find, combining prime location with functional design and significant square footage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.