1101 Philadelphia PikeWilmington, DE 19809

  • Land
  • 0.80 AC
For Sale

Property Details for 1101 Philadelphia Pike

Lot size
0.80 AC
Zone code
CN
Property type
Land
Property subtype
Commercial land
APN
06-115.00-177
APU
611500177

Description

This exceptional 0.8-acre lot presents a remarkable opportunity for developers and investors. Located at 1101 Philadelphia Pike in Wilmington, Delaware, this property boasts unparalleled visibility due to its prime location on a major thoroughfare. The zoning designation is CN, offering a wide range of potential uses, subject to local regulations and approvals. The expansive size of the lot provides ample space for a variety of development projects, making it an ideal canvas for creative vision. Its strategic position ensures high traffic volume and excellent exposure, translating to significant potential for commercial success. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and permitted uses. The property is easily accessible for viewing at any time, allowing for a thorough on-site assessment. This is a rare opportunity to acquire a highly visible and versatile lot in a thriving Delaware location. Serious inquiries are welcome. Further information regarding the property's specifics and potential development options can be obtained by contacting the designated contact point. The absence of a listed price reflects the property's unique potential and invites offers from qualified buyers. Don't miss this chance to secure a prime piece of Wilmington real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,046,824
    Hospitality
    $15,614,800
    Educational
    $12,991,330
    Medical
    $13,438,122
    Retail
    $20,208,736
1101 Philadelphia Pike, Wilmington, Delaware

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.781
Longitude
-75.4847
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,952
$83,900
-
$83,900
-
-
-
-

FAQs

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