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Property profile & analytics
OFF-MARKET
Estimated value
$2,795,000
Super regional malls
101 Main St Christiana, DE 19702-1590
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US17-0220436
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2002
Construction
CONCRETE
Total area
151,250 SF
Lot
25.42 ac (1,107,295 SF)
Zoning code
CR
APN
09-030.00-002
UPID
US17-0220436
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Aldi INC · 4 yrs held
Aldi INC
since 2021
7 recorded transactions
Zoning & alternative use
CR · Christiana, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Christiana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Christiana submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$295,914
Tax year 2023
Assessed value
$7,076,300
Assessed 2023
Previous assessed
$7,076,300
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$1,391,800
Assessed improvement
$5,684,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
151,250 SF
Lot
25.42 ac (1,107,295 SF)
Zoning code
CR
APN
09-030.00-002
UPID
US17-0220436
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CR · Christiana, DEZoning CR · permitted uses
CR · Christiana, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
25.42 ac
Current owner
From public records · entity-resolved
Aldi INC
Entity
Mailing address
PO BOX 7189, WILMINGTON, DE 19803-0189
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2024
—
The Colby Restaurant Group Incorpor
—
Deed
related
$1,476,000 · Trenton Business Assistance Corporation
Oct 16, 2023
—
The Colby Restaurant Group Incorpor
—
Deed
related
$1,453,005 · Newtek Bank NA
Nov 21, 2022
—
Christiana Town Center LLC
—
Deed
related
$9,000,000 · Mid Penn Bank
Oct 19, 2021
—
Aldi INC
Christiana Town Center LLC
Lease
—
Mar 1, 2017
—
Colby Restaurant Group INC
—
Grant Deed
related
$7,091,276 · Sterling Nat'l Bk
—
—
Colby Restaurant Group INC
—
Deed Of Trust
related
$5,500,000 · Ge Cap Bk
—
—
Christiana Town Center LLC
—
Deed Of Trust
related
$20,000,000 · Wilmington Tr
—
—
Colby Restaurant Group INC
—
Deed Of Trust
related
$1,375,000 · General Electric Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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