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Property profile & analytics
OFF-MARKET Estimated value $1,040,000
Retail space

3230 Philadelphia Pike Claymont, DE 19703-3103

7,224 SF 0.45 ac lot Built 1920
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US17-0238929
Property summary
AI-generated overview

This exceptional retail property, situated at 3230 Philadelphia Pike in Claymont, Delaware, presents a compelling investment opportunity. Boasting a highly visible location on Philadelphia Pike, this 0.45-acre lot offers significant potential for a variety of commercial ventures. The property's prime position within an up-and-coming area of Claymont ensures high traffic volume and excellent exposure to potential customers. The existing structure presents numerous possibilities for redevelopment or adaptive reuse, catering to a wide range of business needs. The substantial lot size allows for ample parking and potential expansion. This property is ideally suited for entrepreneurs and investors seeking a strategic foothold in a thriving Delaware market. Its prominent location and development potential make it an attractive proposition for those seeking to establish a successful business in a high-growth area. Further details regarding the property's specifics are available upon request. This is a rare opportunity to acquire a strategically located retail property in a rapidly developing area of Claymont, Delaware. Don't miss out on this chance to secure a prime commercial space with significant upside potential. Contact us today to learn more and schedule a viewing.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction CONCRETE
Total area 7,224 SF
Lot 0.45 ac (19,602 SF)
Zoning code CN
APN 06-084.00-547
UPID US17-0238929
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
Current use
Occupant on record · Public records
  • Indian Bazaar - Indian Grocery Super Market Grocery & Convenience Store Food Market
  • petracity LLC250-9309 Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.08M
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.04M
Owner & transaction history
Hing Piu Wong · 21 yrs held
Hing Piu Wong
since 2005
2 recorded transactions
2005
$700,000
1969
Price N/A
Zoning & alternative use
CN · Claymont, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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