100 Todds LnWilmington, DE 19802

  • Warehouses
  • 12,540 SF
For Sale
$950,000 View listing

Property Details for 100 Todds Ln

Year built
1934
Construction
CONCRETE
Lot size
0.57 AC
Property size (Sq ft)
12,540 SF
Zone code
26M-1
Property type
Warehouses
APN
26-023.10-067
APU
2602310067

Description

This exceptional 12,540-square-foot Class B commercial property in Wilmington, Delaware, presents a unique blend of warehouse and executive office space. Situated at 100 Todds Ln, 19802, this stand-alone building boasts a clear-span warehouse design with approximately 15-foot ceiling heights, ideal for various industrial uses. The property features a masonry/steel construction, a fenced lot with an electric gate, and ample off-street parking. Power is provided by a robust 600 AMP service. The warehouse includes an oversized drive-in door for easy access and loading/unloading. A significant portion of the building is finished office space, complemented by a secure walk-in vault. The property is conveniently located near major transportation arteries, including 1.8 miles to I-95, 3.3 miles to I-495, and 4.8 miles to the Port of Wilmington, offering excellent logistical advantages. Furthermore, Philadelphia International Airport is only 17 miles away. The property is zoned 26M-1 and benefits from public water and sewer connections. This versatile property is offered at $950,000 and presents a compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,742,900
    6.5%
    $10,839,600
    7%
    $10,065,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,255,050
    Geo Method
    $2,621,560
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $5,597,340
    Mixed-Use / Specialty
    $5,608,010
    Hospitality / Lodging
    $4,154,290
    Office
    $5,606,590
    Institutional / Educational
    $5,841,020
    Residential Income
    $6,833,990
    Multifamily
    $8,026,520
    Automotive / Energy
    $5,006,590
    Parking / Income-Based Land
    $1,697,450
    Restaurant / Food Service
    $2,982,140
    Healthcare / Senior Housing
    $5,719,500

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7561
Longitude
-75.5286
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
2024
$4,995
$54,000
$100,600
$154,600
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message