Property profile

805 13th St Wilmington, DE 19802

OFF-MARKET
Manufacturing properties
Property ID
US17-0281611
24,000 SF 0.91 ac lot Built 1967
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 28,895-square-foot industrial property, located at 805 E 13th Street in Wilmington, Delaware, presents a rare opportunity for lease. The building, classified as both manufacturing and distribution space, sits on a two-acre lot in New Castle County, offering ample space for parking, equipment storage, or future expansion. The property features a single tenancy, making it ideal for a business seeking a dedicated space. High ceilings, measuring 20 feet, provide significant vertical clearance for various operational needs. Loading and unloading are facilitated by four loading docks and one drive-in door. The building is equipped with robust three-phase 240-amp power. Recently renovated office space boasts new flooring, paint, bathrooms, and fixtures, creating a modern and functional workspace. Its strategic location off Northeast Boulevard provides easy access to major transportation arteries, including Interstates 95 and 495, and is conveniently situated just ten minutes from the Port of Wilmington. This property is perfectly suited for light manufacturing, e-commerce operations, or distribution businesses seeking a well-appointed and strategically located facility in the Wilmington area. The 19802 zip code ensures easy access to local amenities and a skilled workforce. This is a unique opportunity to secure a high-quality industrial space in a prime location.

Property profile

Verified
Property type Manufacturing properties
Use group FOOD PACKING, PACKING PLANT
Year built 1967
Construction CONCRETE
Total area 24,000 SF
Lot 0.91 ac (39,640 SF)
Zoning code 26M-1
APN 26-036.20-003
UPID US17-0281611

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer

Location

805 13th St Wilmington, DE 19802-5000
Wilmington metro Census 602 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2014
Price N/A
2004
$10

Zoning & alternative use

26M-1 · Wilmington, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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