Financial
Distress signals
Property profile

1603 Jessup St Ste 5 Wilmington, DE 19802

OFF-MARKET
Warehouses
Property ID
US17-0008224
4,800 SF Built 1988
Last sale Aug 2020 · $291,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$120k
Assessed land$13k
Assessed improvement$107k
Effective rate3.23%

Value estimate

· Sep 2026
$395k
$356k – $435k
AI approach$425k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$72 – $158
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
26C-2
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.8
Carpet & Flooring Store10.4
Locksmith9.8

Location

1603 Jessup St Ste, Unit 5 Wilmington, DE 19802-4255
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Vandever, Wilmington, DE 19802-4237 $650,000 Jul 2022 8,832 SF
3911 Washington, Wilmington, DE 19802-2147 $270,000 May 2022 3,056 SF
3838 Market, Wilmington, DE 19802-2216 $320,000 Nov 2020 2,752 SF
1240 16th, Wilmington, DE 19802-5217 $270,000 Nov 2020 8,560 SF
1244 14th, Wilmington, DE 19802-5213 $195,000 Dec 2019 5,112 SF
105 Vandever, Wilmington, DE 19802-4221 $177,500 Oct 2019 8,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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