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Property profile & analytics
OFF-MARKET
Retail residential properties
104 Main St Middletown, DE 19709-4400
Trust Owned
3-yr Hold
Free & Clear
Property ID
US17-0481131
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1920
Construction
CONCRETE
Total area
2,884 SF
Lot
0.17 ac (7,405 SF)
Zoning code
23C-2
APN
23-008.00-019
UPID
US17-0481131
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
Current use
Occupant on record · Public records
-
Jillian Caldwell - Realtor Real Estate Agency
-
Thyme Real Estate Co. Real Estate Agency
-
Christen McDade, Realtor - Thyme Real Estate Real Estate Agency
-
Jean Spa Spa & Massage Center
-
Xanadu Hair-Loss & Scalp Clinic Aka Xanadu Hair Restoration & Replacement Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A Global Identity Trust · 3 yrs held
A Global Identity Trust
since 2023
3 recorded transactions
Zoning & alternative use
23C-2 · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
—
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
$3,844
Tax year 2023
Assessed value
$124,200
Assessed 2023
Previous assessed
$124,200
+0.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$11,100
Assessed improvement
$113,100
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1920
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
2
Total area
2,884 SF
Lot
0.17 ac (7,405 SF)
Zoning code
23C-2
APN
23-008.00-019
UPID
US17-0481131
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
23C-2 · Middletown, DE
Zoning 23C-2 · permitted uses
23C-2 · Middletown, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
A Global Identity Trust
Trust
Free & Clear · 3 yrs held
Mailing address
104 W MAIN ST APT #3, MIDDLETOWN, DE 19709-4401
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
—
A Global Identity Trust
Andrea F Patterson
Deed
—
Apr 9, 2007
$350,000
Andrea F Patterson
Beatrice Roberts
Deed
$280,000 · Interbay Funding LLC
—
—
Andrea F Patterson
—
Deed Of Trust
related
$35,000 · Beatrice Roberts
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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