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Property profile & analytics
FOR SALE
Medical Office Space

1809 Marsh Rd Wilmington, DE 19810

624 SF 0.47 ac lot Built 1935
Individually Owned Free & Clear
Property ID
US17-0235345
Property summary
AI-generated overview

This exceptional 0.47-acre commercial land parcel presents a compelling redevelopment opportunity in Wilmington, Delaware. Located at 1809 Marsh Road, this property boasts a highly desirable Commercial Neighborhood (CN) zoning designation, offering significant flexibility for a variety of commercial ventures. The site currently features a 1,300 square foot structure and seven existing parking spaces, providing a solid foundation for future development. The property's strategic location ensures high visibility and accessibility, with traffic counts exceeding 18,000 vehicles per day. This translates to substantial potential for attracting customers and maximizing business exposure. The parcel's APN is 0606800121. This is an excellent chance to capitalize on a prime location in a thriving Delaware market. The asking price for this exceptional redevelopment opportunity is $850,000. Don't miss this chance to acquire a valuable asset with significant upside potential in a high-traffic area of Wilmington. The property is situated in New Castle County, Delaware, and its zip code is 19810. The coordinates are 39.802945 latitude and -75.5041258 longitude.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1935
Construction CONCRETE
Total area 624 SF
Lot 0.47 ac (20,473 SF)
Zoning code CN
APN 06-068.00-121
UPID US17-0235345
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
STANLEY A STRAUSS
STANLEY A STRAUSS
Zoning & alternative use
CN · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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