1900 Kirkwood HwyWilmington, DE 19805

Property Details for 1900 Kirkwood Hwy

Year built

1940

Construction

CONCRETE

Lot size

0.64 AC

Property size (Sq ft)

10,340 SF

Zone code

CN

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

07-038.10-405

APU

703810405

Description

This single-tenant retail property, located at 1900 Kirkwood Highway in Wilmington, Delaware, offers 11,428 square feet of space in a building constructed in 1940. Situated on approximately 0.64 acres of commercially zoned land (CN), this property enjoys excellent accessibility to Route 1 and I-95, providing convenient access to all areas of New Castle County. The building features a single-level warehouse component, making it suitable for a variety of uses. Potential uses include, but are not limited to: manufacturing facilities, processing plants, distribution centers, warehousing operations, contractor businesses, and light assembly manufacturing. The property's location on Kirkwood Highway offers high visibility and accessibility for businesses seeking a prominent presence in Wilmington. The zip code is 19805. The property's latitude and longitude coordinates are 39.7380337 and -75.6077601 respectively. This presents a unique opportunity for businesses seeking a well-located and versatile commercial space in a thriving Delaware market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,479,593

  6.5%

  $5,058,086

  7%

  $4,696,794

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,398,905

  Geo Method

  $2,094,088

• Alternative Use

  Use

  Valuation

  Residential

  $5,058,086

  Hospitality

  $4,633,180

  Educational

  $3,854,751

  Medical

  $3,987,322

  Retail

  $5,996,279

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.738

Longitude

-75.6078

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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