You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $975,000
Community centers

607 Newport Pike Wilmington, DE 19804

33,800 SF 4.94 ac lot Built 1988
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US17-0176981
Property summary
AI-generated overview

Greystone Plaza, located at 607 W Newport Pike in Wilmington, Delaware (19804), presents a unique opportunity for a single-tenant occupancy. This 1,200 square foot space is situated within a larger 34,000 square foot Class B commercial center, built in 1993. The property features a single, one-story building on a 4.94-acre lot, offering ample parking for tenants and visitors. The zoning is CN - UDC - COMMERCIAL NEIGHBORHOOD (APN: 0704710134). This versatile space is ideal for medical office, professional office, or retail use, benefiting from its location on Route 4, just outside Newport. The property enjoys excellent road visibility and signage opportunities, ensuring high traffic exposure. Its strategic location provides easy access to major roadways including Routes 141, I-95, and I-495, enhancing convenience for both employees and clients. This is the only available unit in this thriving office and retail center with a strong tenant mix. Contact us for rental rate information.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Construction CONCRETE
Total area 33,800 SF
Lot 4.94 ac (215,186 SF)
Zoning code CN
APN 07-047.10-134
UPID US17-0176981
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
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$975k
Owner & transaction history
Delaware Restaurants LP · 9 yrs held
Delaware Restaurants LP
since 2016
4 recorded transactions
2016
Price N/A
2012
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
CN · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 607 Newport Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message