Property profile

1000 S Heald St Wilmington, DE 19801

FOR LEASE
Manufacturing properties
Property ID
US17-0179271
70,000 SF 7.92 ac lot Built 1948
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This Wilmington, DE industrial warehouse offers 2,424 square feet of vacant space within a larger 5,646 square foot building situated on an 18,000 square foot lot. The property is conveniently located at 1000 N Heald St, near the intersection of N. Heald Street and E. Eleventh Street, offering easy access to I-495 (approximately one mile away). The space features a 36' wide by 58' deep layout, and includes an unfinished 24' x 14' office area. A large, fenced-in lot provides secure outside storage with a separate gate access. Plumbing hook-ups are in place for a bath and toilet. The property boasts 200 amp, 3-phase power, although heat and water are not included. There's potential for an additional 16' x 10' overhead door on the Eleventh Street side. The tax parcel address is listed as 1120 E Eleventh Street. This multi-tenant building presents a versatile opportunity for contractors or businesses needing industrial space with ample outdoor storage. The property is ideal for those seeking a functional and secure location with convenient highway access.

Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1948
Construction CONCRETE
Total area 70,000 SF
Lot 7.92 ac (344,995 SF)
Zoning code HI
APN 10-001.00-047
UPID US17-0179271

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company
  • General Contractor Construction Company
  • Recycling Center Waste Management Facility
  • Building Supply Industrial Manufacturer

Location

1000 S Heald St Wilmington, DE 19801
Wilmington metro Census 15400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$930k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

HI · Wilmington, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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