Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1238 Chestnut St Wilmington, DE 19805-4029

    • Retail residential properties
    • 864 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 11, 2021
    Location Intelligence
    Property ID
    US17-0060749
    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

    • Retail residential properties

    Property Details for 1238 Chestnut St

    Year built
    1938
    Construction
    CONCRETE
    Lot size
    0.03 lot acres
    Property size
    864 SF
    Zone code
    26R-3
    Property type
    Retail residential properties
    APN
    26-034.30-389
    APU
    2603430389

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5664
    Latitude
    39.7421
    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
    $0.00
    $2,200
    $24,700
    $26,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,029 SF

      1401 Chestnut St

      STORES & APARTMENTS • 1,029 SF
      1401 Chestnut St, Wilmington, DE 19805-3945
      View Details
    • Value Estimation by Request
      672 SF

      1800 3rd St

      STORES & APARTMENTS • 672 SF
      1800 3rd St, Wilmington, DE 19805-3406
      View Details
    • Value Estimation by Request
      750 SF

      1725 4th St

      STORES & APARTMENTS • 750 SF
      1725 4th St, Wilmington, DE 19805-3547
      View Details
    • Value Estimation by Request
      1,212 SF

      1201 4th St

      STORES & APARTMENTS • 1,212 SF
      1201 4th St, Wilmington, DE 19805-3605
      View Details
    • Value Estimation by Request
      703 SF

      1833 4th St

      STORES & APARTMENTS • 703 SF
      1833 4th St, Wilmington, DE 19805-3419
      View Details
    • Value Estimation by Request
      1,347 SF

      401 Rodney St

      STORES & APARTMENTS • 1,347 SF
      401 Rodney St, Wilmington, DE 19805-3122
      View Details

    Similar Nearby for Sale

    • $900,000
      1,725 SF

      Wilmington Mixed-Use Trio Investment

      Three-building package, prime location.
      601 Hawley St, Wilmington, DE 19805
      View Details
    • $580,000
      0.08 Acres

      Mixed-Use Income Property For Sale

      Fully occupied mixed-use property with a thriving restaurant and residential units.
      621 Maryland Ave, Wilmington, DE 19805
      View Details
    • $275,000
      1,850 SF

      Wilmington Mixed-Use Investment Opportunity

      Prime location, high-traffic area, income potential.
      1717 4Th St, Wilmington, DE 19805
      View Details
    • New
      $580,000
      0.08 Acres

      Mixed-Use Income Property, Wilmington

      Fully occupied mixed-use property with restaurant and residential units.
      621 Maryland Ave, Wilmington, DE 19805
      View Details
    • $999,900
      7,862 SF

      Wilmington Mixed-Use Investment

      7,862 SF Office/Retail Building, Delaware
      616 Union St, Wilmington, DE 19805
      View Details
    • $299,900
      Pending

      Duplex in Little Italy, Wilmington

      Two-unit property with income potential in Wilmington's Little Italy.
      1917 W 6Th St, Wilmington, DE 19805
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      113,830 SF

      Canby Park Retail Center Space

      Wilmington, DE retail space: 1,600-10,000 SF available.
      1900-1920 Maryland Ave, Wilmington, DE 19805
      View Details
    • $16 SF/Yr
      1,130 SF

      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
    • $1,200 /Mo
      500 SF

      Retail Space in Wilmington, DE

      Retail space available in Wilmington, Delaware, with high visibility.
      Wilmington Ave, New Castle, DE 19805
      View Details
    • $18 SF/Yr
      2,090 SF

      Kirkwood Highway Retail/Office Space

      Office/Retail building for lease in a prime location.
      2212 Kirkwood Hwy, Wilmington, DE 19805
      View Details
    • $20 SF/Yr
      3,595 SF

      Wilmington Office Space Available

      Office space available for lease in Wilmington, Delaware.
      1500-1514 W 4Th St, Wilmington, DE 19805
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1238 Chestnut St
    Wilmington, DE 19805-4029
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.