Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    500 S Van Buren St Wilmington, DE 19805

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $220,000

    Multi-unit building near Wilmington's Riverfront, ready for renovation.

    Lot size:
    0.07 Acres

    Property Features for 500 S Van Buren St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1952

    Source: KW Empower Agent Dwight White

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Unit Building Near Riverfront

    This multi-unit building presents an investment opportunity near Wilmington's Riverfront. The property is described as an extra-large building with possibilities for renovation. Demolition has been completed, and the building is ready to be renovated. The property is presented as a potential income-generating opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5653913
    Latitude
    39.7391984

    Nearby Similar for Sale

    • $185,000
      2,475 SF

      Multi-Level Home: Renovation Opportunity

      Multi-level home with rental potential or redesign opportunity.
      2318 N Market St, Wilmington, DE 19802
      View Details
    • $229,900

      Renovated Trolley Square Office Condo

      Unique loft-style office space in Wilmington's Trolley Square.
      1815 W 13Th St, Wilmington, DE 19806
      View Details
    • $299,900
      Pending

      Duplex in Little Italy, Wilmington

      Two-unit property with income potential in Wilmington's Little Italy.
      1917 W 6Th St, Wilmington, DE 19805
      View Details
    • $329,900
      2,325 SF

      Wilmington Triplex Investment Opportunity

      Updated triplex with strong rental potential in Wilmington, Delaware.
      101 E 30 5 St, Wilmington, DE 19802
      View Details
    • Contact for pricing
      10,340 SF

      Prime Commercial Space on Kirkwood Highway

      11,500 SF commercial space for lease in Wilmington, DE.
      1900 Kirkwood Hwy, Wilmington, DE 19805
      View Details
    • Contact for pricing
      11,500 SF

      Prime Commercial Space Available

      11,500 SF commercial space for lease in Wilmington, DE.
      1900 Kirkwood Hwy, Wilmington, DE 19805
      View Details

    FAQs

    What type of property is this?
    Apartment building - Multi-unit building near Wilmington's Riverfront, ready for renovation.
    Where is this apartment building located?
    The property is located at 500 S Van Buren St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Multi-unit building: Opportunity for rental income or multiple residences.; - Close proximity to Wilmington's Riverfront: Desirable location with potential for appreciation.; - Extra large building: Offers ample space and flexibility for various uses.
    (267) 650-3097
    Request Owner's contact information
    500 S Van Buren St Wilmington, DE 19805
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 S Van Buren St
    Wilmington, DE 19805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 S Van Buren St Wilmington, DE 19805
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.