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

    101 Lea Blvd Wilmington, DE 19802-2357

    • Investment properties
    • 1,232 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Jan 11, 2023
    $250,000
    Location Intelligence
    Property ID
    US17-0229398
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New Life Center Ministries / Religious Organization
    • 1 Core Financial / Mortgage Broker
    • Experience Black Transformations / Beauty Salon
    • Belle Ame Beauty Lounge / Beauty Salon / Nail Salon

    Property Details for 101 Lea Blvd

    Year built
    1899
    Construction
    CONCRETE
    Lot size
    0.61 lot acres
    Property size
    1,232 SF
    Zone code
    CR
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    06-144.00-179
    APU
    614400179

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $280,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $315,000
      Mixed-Use
      $320,000
      Hospitality
      $340,000
      Educational
      $255,000
      Residential Income
      $320,000
      Energy
      $340,000
      Income-Based Land
      $280,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5194
    Latitude
    39.7603
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,414
    $39,900
    $55,300
    $95,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,095,000
      801 SF

      1700 Washington St

      STORE/OFFICE (MIXED USE) • 801 SF
      1700 Washington St, Wilmington, DE 19802-4723
      View Details
    • Value Estimation by Request
      2,156 SF

      101 Vandever Ave

      STORES & APARTMENTS • 2,156 SF
      101 Vandever Ave, Wilmington, DE 19802-4221
      View Details
    • Value Estimation
      $140,000
      560 SF

      1023 13th St

      STORES & APARTMENTS • 560 SF
      1023 13th St, Wilmington, DE 19802-5105
      View Details
    • Value Estimation
      $340,000
      1,620 SF

      8 Lea Blvd

      STORES & APARTMENTS • 1,620 SF
      8 Lea Blvd, Wilmington, DE 19802-2352
      View Details
    • Value Estimation
      $310,000
      1,200 SF

      1222 Heald St

      STORES & APARTMENTS • 1,200 SF
      1222 Heald St, Wilmington, DE 19802-5241
      View Details
    • Value Estimation by Request
      1,289 SF

      2201 Market St

      STORES & APARTMENTS • 1,289 SF
      2201 Market St, Wilmington, DE 19802-4227
      View Details

    Similar Nearby for Sale

    • $280,000

      Market Street Triplex Investment Opportunity

      Triplex on Market Street with investment potential.
      2314 N Market St, Wilmington, DE 19802
      View Details
    • $1,125,000

      Mixed-Use Property with Income

      Mixed-use property featuring offices and apartments, fully leased.
      14 E 40Th St, Wilmington, DE 19802
      View Details
    • $899,900
      1,750 SF

      Wilmington Mixed-Use Investment Opportunity

      Prime location, high-potential duplex, liquor license included.
      2904 Market St, Wilmington, DE 19802
      View Details
    • $2,200,000
      20,500 SF

      Wilmington Waterfront Commercial Property

      Versatile 20,500 SF building, ideal for multiple uses.
      1601 Jessup St, Wilmington, DE 19802
      View Details
    • $1,450,000

      Wilmington Medical Office Building

      Prime Medical Office, Delaware, $1.45M
      1806 Van Buren St, Wilmington, DE 19802
      View Details
    • $550,000
      4,180 SF

      Wilmington Office Building For Sale

      Investment opportunity in Wilmington's Central Business District.
      1701 N Market St, Wilmington, DE 19802
      View Details

    Similar Nearby for Lease

    • $350,000

      Land Available For Lease

      Land for lease with flexible lease terms considered.
      1405 Todds Ln, Wilmington, DE 19802
      View Details
    • New
      $1,500 /Mo

      Professional Office Space For Lease

      700 SF office space near Brandywine Riverfront, Wilmington.
      1905 Superfine Ln, Wilmington, DE 19802
      View Details
    • Contact for pricing
      650 SF

      Retail Space in Growing Neighborhood

      Retail space available in Wilmington, close to Interstate 495.
      2400 Northeast Blvd, Wilmington, DE 19802
      View Details
    • $20 SF/Yr
      900 SF

      Retail Space on Miller Road

      900 SF retail space available for lease.
      3209 Miller Rd, Wilmington, DE 19802
      View Details
    • Contact for pricing
      82,628 SF

      Brandywine Industrial Center: Wilmington, DE

      82,628 SF Office/Warehouse For Lease
      1324 12Th St, Wilmington, DE 19802
      View Details
    • $6 SF/Yr
      127,229 SF

      Wilmington Industrial Space Available

      Flexible Warehouse Space in Delaware
      1400 Vandever Ave, Wilmington, DE 19802
      View Details
    Request Owner's contact information
    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.
    101 Lea Blvd
    Wilmington, DE 19802-2357
    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
    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.