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Property profile & analytics

308 Basin Rd Wilmington Manor, DE 19720

  • Retail space
  • 3,000 SF
  • 2.13 lot acres
Value Estimation
$465,000
Location Intelligence
Property ID
US17-0489798
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

  • Connecticut Metallurgical / Manufacturer

Property Details for 308 Basin Rd

Year built
1973
Construction
CONCRETE
Lot size
2.13 lot acres
Property size
3,000 SF
Zone code
I
Property type
Retail space
APN
10-019.10-293
APU
1001910293

Description

This exceptional industrial property, located at 310-312 W Basin RD in New Castle, DE, offers a highly desirable location with easy access to major transportation arteries including Route 13, I-95, I-295, I-495, and Route 1. The property consists of a single-story, 7,500 square foot building constructed in 1973, with the possibility of subdividing into 2,500 square foot units. The building features updated office/showroom space, enhancing its versatility for a variety of businesses. Practical features include two 10'x14' drive-in bay doors, providing convenient loading and unloading capabilities. The property benefits from three-phase power, ensuring sufficient electrical capacity for industrial operations. Built with durable masonry construction, the building is well-maintained and ready for immediate occupancy. With ample parking (50+ spaces), tenant and visitor parking is never a concern. The property sits on 2.13 acres of land and is zoned for industrial use, making it an ideal location for a range of businesses. Its strategic location in northern New Castle County provides easy transportation routes to all access points within the county. This is a rare opportunity to secure a well-located, versatile industrial space with excellent access to major transportation networks.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $390,000
  • CAP approach

    CAP return
    Estimation
    6%
    $595,000
    6.5%
    $605,000
    7%
    $540,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $530,000
    Geo Method
    $665,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $490,000
    Retail
    $620,000
    Mixed-Use
    $555,000
    Hospitality
    $610,000
    Educational
    $495,000
    Residential Income
    $600,000
    Energy
    $510,000
    Income-Based Land
    $640,000
    Food Service
    $635,000

Location Insight

  • Map
  • Local Demand
City
New Castle
County
New Castle
State
Delaware
Longitude
-75.5914
Latitude
39.6836
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
$13,657
$93,700
$352,100
$445,800
-
$0.00
$0.00
$0.00
More about this property
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