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    Property profile & analytics
    OFF-MARKET Estimated value $590,000
    Strip malls

    3624 Kirkwood Hwy, Wilmington, DE 19808-5104

    20,132 SF 1.4 ac lot Built 1967
    Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US17-0497935
    Property summary
    AI-generated overview

    This exceptional Class A retail property, located at 3624 Kirkwood Highway in Wilmington, Delaware (zip code 19808), offers 3,400 square feet of versatile space ideal for multiple tenants. The property is situated on a high-traffic thoroughfare, providing unparalleled visibility and access to a large customer base. Its prime location ensures significant foot traffic and excellent signage opportunities, maximizing exposure for your business. The space is classified as a Class A retail property with an office subtype, suggesting a blend of retail and office functionality. This makes it suitable for a variety of businesses seeking a prominent location with high visibility. The property's multiple tenancy allows for flexibility in leasing arrangements, accommodating businesses of varying sizes and needs. This is a unique opportunity to establish or expand your business in a highly desirable location within a thriving commercial area of Wilmington, Delaware. The property's address is easily accessible and benefits from excellent visibility along Kirkwood Highway. This location offers a strong potential for attracting a diverse clientele and building a successful business.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1967
    Construction CONCRETE
    Total area 20,132 SF
    Lot 1.4 ac (60,984 SF)
    Zoning code CR
    APN 08-039.30-152
    UPID US17-0497935
    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
    • Any Garment Cleaners (Bike/Boat/Book/etc) Store
    • Mattress Warehouse of Wilmington Kirkwood Furniture & Home Goods
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $625k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $561k
    Blend (final) Blend
    $590k
    Owner & transaction history
    Silver Creek LLC · 21 yrs held
    Silver Creek LLC
    since 2005
    6 recorded transactions
    2022
    2018
    2018
    2005
    $10
    1969
    1969
    Zoning & alternative use
    CR · Wilmington, DE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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