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Property profile & analytics
OFF-MARKET
Gas stations
11 Lea Blvd, Wilmington, DE 19802-2309
Individually Owned
11-yr Hold
Free & Clear
Property ID
US17-0245386
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1977
Construction
CONCRETE
Total area
2,800 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CR
APN
06-144.00-195
UPID
US17-0245386
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
-
Lea Boulevard Automotive Auto Repair Shop Vehicle Inspection Center
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
Jackie|messick Charles G Raico · 11 yrs held
Jackie|messick Charles G Raico
since 2015
4 recorded transactions
Zoning & alternative use
CR · Wilmington, 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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
$3,958
Tax year 2023
Assessed value
$112,500
Assessed 2023
Previous assessed
$112,500
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$17,000
Assessed improvement
$95,500
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
2
Total area
2,800 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CR
APN
06-144.00-195
UPID
US17-0245386
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CR · Wilmington, DE
Zoning CR · permitted uses
CR · Wilmington, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Jackie|messick Charles G Raico
Individual
Free & Clear · 11 yrs held
Mailing address
11 E LEA BLVD, WILMINGTON, DE 19802-2309
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2015
—
Jackie|messick Charles G Raico
Raico Jackie
Quit Claim Deed
related
—
Jul 9, 2007
$330,000
Clarine M Manerchia
Monarch Corp
Deed
$247,500 · Interbay Funding LLC
—
—
Clarine M Manerchia
—
Deed Of Trust
related
$234,000 · M & T Bank
—
—
Muffler Monarch
—
Deed Of Trust
related
$140,000 · Commerce Bank Delaware NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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