415 Rogers RdWilmington, DE 19801

Property Details for 415 Rogers Rd

Year built

1967

Construction

CONCRETE

Lot size

6.60 AC

Property size (Sq ft)

840 SF

Zone code

I

Property type

Office properties

Property subtype

Other office properties

APN

10-005.20-038

APU

1000520038

Description

This exceptional two-acre parcel of land, located at 415 Rogers Road in Wilmington, Delaware, presents a unique opportunity for industrial businesses seeking a strategic location. Zoned I - New Castle, this property is ideally suited for various industrial uses, particularly as laydown space. The site offers ample room for storage, staging, or other outdoor industrial operations. With its convenient location in the Industrial Laydown Space submarket of New Castle County, this property provides easy access to major transportation routes, streamlining logistics and enhancing operational efficiency. The single-tenant nature of the property ensures exclusive use and control, eliminating the complexities of shared spaces. The property is designated as Industrial Land, offering flexibility in development and usage. The address is 415 Rogers Rd, Wilmington, DE 19801, with GPS coordinates of 39.714736 latitude and -75.5496027 longitude. This is a prime opportunity to secure a substantial industrial land parcel in a thriving Delaware market. The total land area encompasses two acres, providing significant space for immediate use or future expansion. This property is ready for immediate occupancy. Interested parties should act quickly to secure this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $358,992

  6.5%

  $331,378

  7%

  $307,708

• Comparable approach

  Method

  Valuation

  Relative Method

  $178,142

  Geo Method

  $109,754

• Alternative Use

  Use

  Valuation

  Residential

  $410,908

  Hospitality

  $376,390

  Educational

  $313,152

  Medical

  $323,922

  Retail

  $487,125

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7147

Longitude

-75.5496

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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