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    Property profile & analytics

    1809 Marsh Rd Wilmington, DE 19810

    • Medical offices
    • 624 SF
    • 0.47 lot acres
    For Sale
    View listing
    $895,000
    Value Estimation
    Location Intelligence
    Property ID
    US17-0235345
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 1809 Marsh Rd

    Year built
    1935
    Construction
    CONCRETE
    Lot size
    0.47 lot acres
    Property size
    624 SF
    Zone code
    CN
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    06-068.00-121
    APU
    606800121

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $220,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $260,000
      Mixed-Use
      $215,000
      Hospitality
      $205,000
      Educational
      $255,000
      Residential Income
      $255,000
      Energy
      $235,000
      Income-Based Land
      $275,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.504
    Latitude
    39.8028
    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
    $3,276
    $30,700
    $62,400
    $93,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      17,120 SF

      2500 Grubb Rd

      DENTAL BUILDING • 17,120 SF
      2500 Grubb Rd, Wilmington, DE 19810-4799
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    • Value Estimation
      $355,000
      1,530 SF

      2505 Silverside Rd

      DENTAL BUILDING • 1,530 SF
      2505 Silverside Rd, Wilmington, DE 19810-3707
      View Details
    • Value Estimation
      $650,000
      11,175 SF

      2501 Silverside Rd

      DENTAL BUILDING • 11,175 SF
      2501 Silverside Rd, Wilmington, DE 19810-3726
      View Details
    • Value Estimation
      $430,000
      5,358 SF

      2101 Foulk Rd

      DENTAL BUILDING • 5,358 SF
      2101 Foulk Rd, Wilmington, DE 19810-4710
      View Details
    • Value Estimation
      $615,000
      6,051 SF

      2205 Silverside Rd

      DENTAL BUILDING • 6,051 SF
      2205 Silverside Rd, Wilmington, DE 19810-4534
      View Details
    • Value Estimation
      $885,000
      26,080 SF

      2700 Silverside Rd

      DENTAL BUILDING • 26,080 SF
      2700 Silverside Rd, Wilmington, DE 19810-3719
      View Details

    Similar Nearby for Sale

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      North Wilmington Commercial Redevelopment Site

      Commercial redevelopment site in North Wilmington's Brandywine corridor.
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    Similar Nearby for Lease

    • $26 SF/Yr
      2,910 SF

      Wilmington Medical Office Suites

      Prime Wilmington medical office space available.
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      View Details
    • $1,750 /Mo
      58,370 SF

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      View Details
    • $1,750 /Mo

      Well-Appointed Office Ready for Rent

      Professional office space ready for business with quality features.
      1805 Foulk Rd, Wilmington, DE 19810
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    • $28 SF/Yr
      1,423 SF

      Visible Office Space For Rent

      Office space with high visibility and strong retail presence.
      1800 Naamans Rd, Wilmington, DE 19810
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    • Contact for pricing
      4,727 SF

      Furnished Office Space Available

      Fully furnished office space with training room and workstations.
      3411 Silverside Rd, Wilmington, DE 19810
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    • $18 SF/Yr
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      Versatile Office Suites Available

      Two office suites available for lease in a well-maintained business park.
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      View Details
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    1809 Marsh Rd
    Wilmington, DE 19810
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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