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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Distribution properties
120 Dupont Hwy New Castle, DE 19720-4128
Entity Owned
15-yr Hold
Free & Clear
Property ID
US17-0184361
Property profile
Verified
Property type
Distribution properties
Use group
COM AUTO TRANS/STORAGE
Year built
1986
Construction
ADOBE
Total area
6,469 SF
Lot
9.74 ac (424,274 SF)
Zoning code
CR
APN
10-030.00-082
UPID
US17-0184361
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
-
Big Carroll Sells Cars Car Dealership
-
Hertrich Mitsubishi of New Castle Service Auto Repair Shop
-
Hertrich Acura Car Dealership Auto Repair Shop
-
Hertrich Hyundai of New Castle Service Auto Repair Shop
-
Hertrich Mitsubishi of New Castle Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$545k
Owner & transaction history
Hertrich Properties X LLC · 15 yrs held
Hertrich Properties X LLC
since 2010
6 recorded transactions
Zoning & alternative use
CR · New Castle, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$885,000
+66.3%
Restaurant
$835,000
+56.5%
Auto repair, garage
$780,000
+46.0%
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 New Castle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Castle 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
Method
Estimation
Statistic approach
by Request
ML approach
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$535,000
Current use
COMMERCIAL (GENERAL)
$885,000
Change: +66% · Conversion: Difficult
RESTAURANT
$835,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$780,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$84 / 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
Assessed value
$2,726,900
Assessed 2023
Previous assessed
$2,726,900
+0.0% YoY
Assessed land
$857,100
Assessed improvement
$1,869,800
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
Distribution properties
Use group
COM AUTO TRANS/STORAGE
Status
Off-Market
Year built
1986
Construction
ADOBE
Heating
YES
Cooling
YES
Buildings
8
Stories
1
Total area
6,469 SF
Lot
9.74 ac (424,274 SF)
Zoning code
CR
APN
10-030.00-082
UPID
US17-0184361
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CR · New Castle, DE
Zoning CR · permitted uses
CR · New Castle, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Castle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$885,000
RESTAURANT
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$780,000
TRUCK TERMINAL (MOTOR FREIGHT) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
ADOBE
Heating
YES
Cooling
Yes
Stories
1
Buildings
8
Lot
9.74 ac
Current owner
From public records · entity-resolved
Hertrich Properties X LLC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 1420, SEAFORD, DE 19973-5420
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2018
—
Hertrich Properties X LLC
—
Deed
related
$5,000,000 · Comerica Bk
Jan 13, 2012
—
Hertrich Properties X LLC
—
Deed Of Trust
related
$25,780,000 · Comerica Bank
Sep 7, 2010
—
Hertrich Properties X LLC
Jdsw LLC
Grant Deed
—
Nov 16, 2004
$10
Jdsw LLC
Jdsw LLC
Grant Deed
related
—
Mar 30, 2004
$10
Jdsw LLC
Faulkner,henry III
Grant Deed
related
$4,400,000 · J P Morgan Chase Bank
—
—
Hertrich Properties X LLC
—
Deed Of Trust
related
$5,000,000 · Comerica Bk
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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