1101 Heald StWilmington, DE 19803

  • Land
  • 11.07 AC
For Sale

Property Details for 1101 Heald St

Lot size
11.07 AC
Zone code
CR
Property type
Land
Property subtype
Commercial land
APN
10-001.00-029
APU
1000100029

Description

This exceptional 133,620-square-foot industrial facility, situated on an expansive 11.07-acre lot, presents a significant opportunity in Wilmington, DE. The property boasts a substantial 125,820 square feet of approved warehouse space and an additional 7,800 square feet of approved office space, perfectly suited for a variety of industrial uses. The building features impressive 40-foot clear ceiling heights, providing ample vertical space for storage and operations. Thirty loading docks ensure efficient loading and unloading, complemented by up to 40 trailer storage spaces and 44 parking spaces. The site dimensions measure 170 feet by 800 feet, offering excellent maneuverability and potential for expansion. The property benefits from significant road frontage, with 406 feet on Rodgers Road and 1,065 feet on South Heald Street. Zoned Heavy Industrial (HI) and Commercial Regional (CR) in New Castle County, this property allows for a range of uses, including larger heavy industrial developments, supporting businesses, and mixed-use projects incorporating residential components and transit facilities. The entire building is currently vacant, offering immediate occupancy for a single tenant.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $235,885,344
    Hospitality
    $216,069,712
    Educational
    $179,767,456
    Medical
    $185,949,936
    Retail
    $279,638,272
1101 Heald St, Wilmington, Delaware
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Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7199
Longitude
-75.5533
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,088
$329,300
-
$329,300
-
-
-
-

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