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Investment Highlights
- Zoned M-1 (Light Manufacturing)
- Located within the City of Wilmington
- Flexible opportunity for industrial, commercial, or redevelopment uses
- DNREC Brownfields process completed and updated wetlands delineation completed in 2026
- Easy access to I-95, I-495, Route 13, and major regional roadways
Executive Summary
6.06 +/- acres available at 501 Garasches Lane in Wilmington, DE, offering a rare redevelopment or industrial opportunity within the City of Wilmington. Zoned M-1 (Light Manufacturing), the property provides flexibility for a variety of commercial, industrial, and development uses. The site has completed the DNREC Brownfields process, and an updated wetlands delineation was completed in 2026.
Surrounded by new development activity and expanding area amenities, the property also benefits from direct connectivity to the Wetlands Park and walking trails, creating a unique setting with both industrial utility and nearby recreational access. Conveniently located with easy access to I-95, I-495, Route 13, and other major roadways, the site offers strong regional connectivity throughout New Castle County.
Surrounded by new development activity and expanding area amenities, the property also benefits from direct connectivity to the Wetlands Park and walking trails, creating a unique setting with both industrial utility and nearby recreational access. Conveniently located with easy access to I-95, I-495, Route 13, and other major roadways, the site offers strong regional connectivity throughout New Castle County.
Property Facts
| Price | $8,335,200 CAD | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Total Lot Size | 2.00 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | 26M-1 | ||
| Price | $8,335,200 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 2.00 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | 26M-1 |
1 Lot Available
Lot
| Price | $8,335,200 CAD | Lot Size | 2.00 AC |
| Price Per AC | $4,167,599.92 CAD |
| Price | $8,335,200 CAD |
| Price Per AC | $4,167,599.92 CAD |
| Lot Size | 2.00 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 26-057.00-012 | Improvements Assessment | $866,379 CAD |
| Land Assessment | $1,928,392 CAD | Total Assessment | $2,794,771 CAD |
Property Taxes
Parcel Number
26-057.00-012
Land Assessment
$1,928,392 CAD
Improvements Assessment
$866,379 CAD
Total Assessment
$2,794,771 CAD
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501 Garasches Ln
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