14 Ashley PlWilmington, DE 19804

Property Details for 14 Ashley Pl

Year built

1940

Construction

CONCRETE

Lot size

0.74 AC

Property size (Sq ft)

2,418 SF

Zone code

CN

Property type

Office properties

Property subtype

Other office properties

APN

07-043.10-532

APU

704310532

Description

This exceptional 915-square-foot office space presents a fantastic opportunity for a single tenant seeking a convenient and well-located professional environment. Situated in the desirable Five Points area of New Castle County, this single-story building offers easy access to Route 4 (N. Maryland Avenue), placing your business within minutes of a vibrant array of shopping and dining options. The property's traditional office layout provides a functional and adaptable space, perfect for a variety of professional uses. The single-tenant occupancy ensures privacy and control over the entire premises. This is an ideal location for businesses seeking high visibility and convenient access to amenities. The property's strategic location near Route 4 ensures excellent connectivity for clients and employees. The building's single-story design offers ease of access and navigation. This presents a rare opportunity to secure a well-positioned, functional office space in a thriving commercial area. The property's size is perfectly suited for a small to medium-sized business seeking a comfortable and efficient workspace. Don't miss this chance to establish your business in a prime location with excellent accessibility and nearby amenities. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,033,386

  6.5%

  $953,894

  7%

  $885,759

• Comparable approach

  Method

  Valuation

  Relative Method

  $512,794

  Geo Method

  $315,936

• Alternative Use

  Use

  Valuation

  Residential

  $1,182,829

  Hospitality

  $1,083,465

  Educational

  $901,430

  Medical

  $932,432

  Retail

  $1,402,225

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7295

Longitude

-75.583

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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