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Financial
Distress signals
Property profile

120 Hay Rd Wilmington, DE 19809

FOR LEASE
Other industrial properties
Property ID
US17-0179998
13.15 ac lot
Last sale Aug 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This industrial warehouse facility is configured for high-volume loading, featuring 34 tailgates and 2 drive-in loading doors, along with a 60-foot speed bay. The building provides 191 lined employee parking spaces and 30 trailer parking stalls. Warehouse specifications include a 36-foot ceiling height, 53-foot by 53-foot column spacing, and LED lighting. Fire protection includes an ESFR fire suppression system. Electrical service is described as a minimum 2,500-amp capacity with 277/480 volts,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$278k
Assessed land$278k
Effective rate3.81%

Value estimate

· Oct 2026
$380k
$342k – $418k
AI approach$380k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HI
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.9
Restaurant32.7
Dental Office28.6

Location

120 Hay Rd Wilmington, DE 19809
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 17 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
242 Philadelphia, Wilmington, DE 19809-3125 $174,000 Dec 2021 1,441 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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