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Investment Highlights

  • 330,000SF heavy industrial complex on 9.75 acres.
  • M2/W1 split zoning offering potential redevelopment heights of 72ft to 90ft.
  • Immediate access to I-495; located near the Port of Wilmington, the proposed Delaware Container Terminal, and a 1,843MW power generating station.
  • Rail service on-site and into the building by Norfolk Southern.
  • Significant power on-site (9,413kVa at 11,000 volts).
  • 100% impervious lot coverage - 77% FAR.

Executive Summary

1340-1400 E 12th St, Wilmington, DE 19802 is a 330,000SF heavy industrial complex on 9.75 acres zoned General Industrial (M2) & Waterfront Manufacturing (W1) located in the City of Wilmington immediately off Interstate 495. The facility is suited with intense in-place infrastructure; approximately 9MW of power and rail service on-site into the facility served by Norfolk Southern. Zoning permits by-right development heights of 72' - 90' and the property currently has approximately 100% impervious lot coverage with an FAR of approximately 77%. Additionally, the site is in immediate proximity to the Port of Wilmington, the new proposed Delaware Container Terminal, and a 1,843MW power generating station.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 9.75 AC
Rentable Building Area 330,000 SF
No. Stories 1
Year Built 1940
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 13
Opportunity Zone Yes
Zoning W1/M2 - Waterfront Manufacturing and General Industrial.

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 26-045.00-006
  • 26-045.00-018
Land Assessment
$258,000
Improvements Assessment
$15,895,400
Total Assessment
$16,153,400
  • Listing ID: 40750845

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 1340-1400 E 12th St, Wilmington, DE 19802

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