607 Newport Pike Wilmington, DE 19804
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
CN · Wilmington, DECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.