Property profile

1022 Delaware Ave Wilmington, DE 19806

OFF-MARKET
Grocery and convenience stores
Property ID
US17-0231245
3,258 SF 0.47 ac lot Built 2008
Entity Owned 18-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 2008
Construction CONCRETE
Total area 3,258 SF
Lot 0.47 ac (20,473 SF)
Zoning code 26C-6
APN 26-021.30-126
UPID US17-0231245

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Atm
  • Atm
  • Gas Station

Location

1022 Delaware Ave Wilmington, DE 19806-4704
Wilmington metro Census 1500 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
$770k
Blend (final) Blend
$345k

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
2006
Price N/A

Zoning & alternative use

26C-6 · Wilmington, DE
Top alternative use upside
Commercial (general) $770,000 +36.2%
Retail stores $710,000 +25.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1022 Delaware Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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