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Property profile & analytics
FOR SALE
Gas stations

735 Philadelphia Pike Wilmington, DE 19809

1,372 SF 0.41 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
Property ID
US17-0173732
Property summary
AI-generated overview

This 1,372 sq ft commercial property at 735 Philadelphia Pike, Wilmington, DE, sits on a 0.41-acre lot and is priced at $780,000. Its prime location on Philadelphia Pike offers high visibility and easy access, attracting significant traffic. The property boasts ample parking for approximately 60 vehicles, a major advantage for businesses relying on customer visits. Currently featuring a garage, the property is suitable for an auto shop or similar use. Alternatively, existing structures can be demolished to create a space tailored to specific needs, such as retail or office space. Preliminary county approval for mixed-use development allows for the integration of residential and business spaces, creating live-work opportunities. This versatile property presents a unique chance to establish or expand a business in a thriving Wilmington location. The property's potential extends to various uses, from retail and office to a mixed-use development, making it an attractive investment opportunity.

Property profile
Verified
Property type Gas stations
Use group GAS STATION
Year built 1965
Construction CONCRETE
Total area 1,372 SF
Lot 0.41 ac (17,860 SF)
Zoning code CN
APN 06-132.00-165
UPID US17-0173732
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
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Popkin Goldenberg Joint Venture · 1 yrs held
Popkin Goldenberg Joint Venture
since 2025
3 recorded transactions
2025
Price N/A
2023
Price N/A
2013
Price N/A
Zoning & alternative use
CN · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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