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    Property profile & analytics

    1200 Maryland Ave Wilmington, DE 19805-4732

    • Retail residential properties
    • 4,009 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US17-0037609
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bacalao Supermarket / Grocery Store
    • Johnny's Food Market / Supermarket
    • ATM / Atm

    Property Details for 1200 Maryland Ave

    Year built
    1938
    Construction
    CONCRETE
    Lot size
    1.03 lot acres
    Property size
    4,009 SF
    Zone code
    26C-2
    Property type
    Retail residential properties
    APN
    26-041.40-224
    APU
    2604140224

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $450,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $420,000
      Mixed-Use
      $485,000
      Hospitality
      $420,000
      Educational
      $390,000
      Residential Income
      $510,000
      Energy
      $465,000
      Income-Based Land
      $440,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5702
    Latitude
    39.736
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,273
    $13,100
    $105,400
    $118,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,024 SF

      404 Un St

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      404 Un St, Wilmington, DE 19805-3026
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      792 SF

      310 Un St

      STORES & APARTMENTS • 792 SF
      310 Un St, Wilmington, DE 19805-3432
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      1,200 SF

      12 Un St

      STORES & APARTMENTS • 1,200 SF
      12 Un St, Wilmington, DE 19805-3828
      View Details
    • Value Estimation by Request
      1,020 SF

      108 Un St

      STORES & APARTMENTS • 1,020 SF
      108 Un St, Wilmington, DE 19805-3829
      View Details
    • Value Estimation by Request
      736 SF

      312 Scott St

      STORES & APARTMENTS • 736 SF
      312 Scott St, Wilmington, DE 19805-3426
      View Details
    • Value Estimation by Request
      922 SF

      1035 Lancaster Ave

      STORES & APARTMENTS • 922 SF
      1035 Lancaster Ave, Wilmington, DE 19805-4006
      View Details

    Similar Nearby for Sale

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      Mixed-Use Income Property For Sale

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      Mixed-Use Income Property, Wilmington

      Fully occupied mixed-use property with restaurant and residential units.
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    Similar Nearby for Lease

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      Office/Retail building for lease in a prime location.
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      Wilmington Office Space Available

      Office space available for lease in Wilmington, Delaware.
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    • Contact for pricing
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      Retail Space in Wilmington

      Retail space available for lease in Wilmington, Delaware.
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    • $18 SF/Yr
      113,830 SF

      Canby Park Retail Center Space

      Wilmington, DE retail space: 1,600-10,000 SF available.
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    • $16 SF/Yr
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      Prime Retail Space Available

      Retail space in a bustling commercial district with high visibility.
      1901 W 11Th St, Wilmington, DE 19805
      View Details
    • $1,500 /Mo

      Temperature-Controlled Industrial Unit Available

      1300 sq ft temperature-controlled industrial unit for local business.
      101 Hawley St, Wilmington, DE 19805
      View Details
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    1200 Maryland Ave
    Wilmington, DE 19805-4732
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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