3624 Kirkwood HwyWilmington, DE 19808
- Strip malls
- 20,132 SF
Property Details for 3624 Kirkwood Hwy
- Year built
- 1967
- Construction
- CONCRETE
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 20,132 SF
- Zone code
- CR
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 08-039.30-152
- APU
- 803930152
Description
This exceptional Class A retail property, located at 3624 Kirkwood Highway in Wilmington, Delaware (zip code 19808), offers 3,400 square feet of versatile space ideal for multiple tenants. The property is situated on a high-traffic thoroughfare, providing unparalleled visibility and access to a large customer base. Its prime location ensures significant foot traffic and excellent signage opportunities, maximizing exposure for your business. The space is classified as a Class A retail property with an office subtype, suggesting a blend of retail and office functionality. This makes it suitable for a variety of businesses seeking a prominent location with high visibility. The property's multiple tenancy allows for flexibility in leasing arrangements, accommodating businesses of varying sizes and needs. This is a unique opportunity to establish or expand your business in a highly desirable location within a thriving commercial area of Wilmington, Delaware. The property's address is easily accessible and benefits from excellent visibility along Kirkwood Highway. This location offers a strong potential for attracting a diverse clientele and building a successful business.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $9,734,930
- 6.5%
- $8,986,090
- 7%
- $8,344,230
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,440,250
- Geo Method
- $2,735,660
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $17,402,100
- Mixed-Use / Specialty
- $9,003,230
- Hospitality / Lodging
- $6,669,400
- Office
- $9,000,950
- Institutional / Educational
- $9,377,300
- Residential Income
- $10,971,400
- Multifamily
- $12,886,000
- Automotive / Energy
- $8,037,690
- Parking / Income-Based Land
- $2,725,130
- Restaurant / Food Service
- $4,787,590
- Healthcare / Senior Housing
- $9,182,220
Location Insight
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Latitude
- 39.7333
- Longitude
- -75.6385
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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