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1175 7th St - 1175-1195 E 7th Street Wilmington DE 10.16 Acres of Industrial Land Offered at $6,500,000 in Wilmington, DE 19801
Investment Highlights
- Close proximity to major highways
- Federal opportunity zone
- 10.16 unemcumbered flat acres
Executive Summary
Flexible W-3 Zoning with High Density Potential. W-3 zoning permits low-intensity manufacturing, commercial recreation, warehousing, and outdoor storage. The site allows up to 885,000 buildable SF based on 2.0 FAR and 0.6 lot coverage limits.
Unencumbered and Ready for Activation, this parcel is delivered as vacant with no leases in place — providing immediate flexibility for investors or users to execute their business plans.
Property Facts
1 Lot Available
Lot
| Price | $6,500,000 | Lot Size | 10.16 AC |
| Price Per AC | $639,763.78 |
| Price | $6,500,000 |
| Price Per AC | $639,763.78 |
| Lot Size | 10.16 AC |
IPS is pleased to offer for sale a rare ~10.1-acre assemblage of 3 contiguous parcels of industrial-zoned land, located in a Federal Opportunity Zone in Wilmington’s waterfront industrial corridor.
Description
Rare ±10.16-Acre Industrial Outdoor Storage or Development Site in Federal Opportunity Zone IPS is pleased to offer for sale 1175, 1190, and 1195 E 7th Street — a rare assemblage of three contiguous parcels totaling ±10.16 acres in Wilmington, Delaware’s active industrial corridor. Zoned W-3 (Waterfront Low-Intensity Manufacturing / Commercial Recreation), the site offers flexible use options including Industrial Outdoor Storage (IOS), warehouse/distribution, light manufacturing, and select commercial applications. Located just 0.4 miles from I-495, 1.7 miles from I-95, and 2.3 miles from the Port of Wilmington, the property provides unmatched regional access for logistics users. With up to 2.0 FAR and 0.6 lot coverage permitted under zoning, the site allows for up to 885,000 buildable square feet, subject to site planning. Delivered vacant with no existing leases, the site is shovel-ready for activation or redevelopment. The property is located within a federally designated Opportunity Zone, offering investors potential capital gains tax advantages.
Property Taxes
| Parcel Number | 26-052.00-005 | Improvements Assessment | $0 |
| Land Assessment | $39,000 | Total Assessment | $39,000 |
Property Taxes
Presented by
1175 7th St - 1175-1195 E 7th Street Wilmington DE
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