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    Property profile & analytics

    1501 Old Wilmington Rd Hockessin, DE 19707-9234

    • Office Properties & Spaces
    • 3,109 SF
    • 4.17 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US17-0245099
    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

    • Hockessin Friends Meeting / Friends Church / Church

    Property Details for 1501 Old Wilmington Rd

    Year built
    1920
    Construction
    CONCRETE
    Lot size
    4.17 lot acres
    Property size
    3,109 SF
    Zone code
    NC40
    Property type
    Office Properties & Spaces
    APN
    08-008.00-076
    APU
    800800076

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $475,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $560,000
      Mixed-Use
      $460,000
      Hospitality
      $455,000
      Educational
      $455,000
      Residential Income
      $470,000
      Energy
      $580,000
      Income-Based Land
      $475,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Hockessin
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6912
    Latitude
    39.7935
    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
    $83,800
    $165,100
    $248,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $440,000
      7,986 SF

      6300 Limestone Rd

      OFFICE (GENERAL) • 7,986 SF
      6300 Limestone Rd, Hockessin, DE 19707-9178
      View Details
    • Value Estimation by Request
      21,511 SF

      7259 Lancaster Pike

      OFFICE (GENERAL) • 21,511 SF
      7259 Lancaster Pike, Hockessin, DE 19707-9271
      View Details
    • Value Estimation
      $740,000
      520 SF

      4340 Ml Crk Rd

      OFFICE (GENERAL) • 520 SF
      4340 Ml Crk Rd, Hockessin, DE 19707-9100
      View Details
    • Value Estimation
      $530,000
      8,128 SF

      660 Yorklyn Rd

      OFFICE (GENERAL) • 8,128 SF
      660 Yorklyn Rd, Hockessin, DE 19707-9688
      View Details
    • Value Estimation by Request
      8,273 SF

      720 Yorklyn Rd

      OFFICE (GENERAL) • 8,273 SF
      720 Yorklyn Rd, Hockessin, DE 19707-8728
      View Details
    • Value Estimation
      $430,000
      1,692 SF

      6285 Limestone Rd

      OFFICE (GENERAL) • 1,692 SF
      6285 Limestone Rd, Hockessin, DE 19707-9169
      View Details

    Similar Nearby for Sale

    • $997,000

      Hockessin Specialty Property For Sale

      Specialty property available for purchase in Hockessin, Delaware.
      12 Foxview Cir, Hockessin, DE 19707
      View Details
    • $1,990,000
      13.65 Acres

      HOCKESSIN, DE - Large Parcel

      13.65 acres ready to be subdivided with utilities nearby.
      Southwood Rd, Hockessin, DE 19707
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    • $425,000

      Hockessin Specialty Property For Sale

      Specialty property available for purchase in Hockessin, Delaware.
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    • $549,900

      Hockessin Specialty Property For Sale

      Specialty property available in Hockessin, Delaware.
      108 Evanson Rd, Hockessin, DE 19707
      View Details
    • $289,000
      0.76 Acres

      Hockessin Land For Custom Build

      0.76 acre lot in Hockessin, build your dream home.
      112 Cameron Dr, Hockessin, DE 19707
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    • $679,000

      Hockessin Specialty Property For Sale

      Specialty property available for purchase in Hockessin, Delaware.
      34 Cinnamon Dr, Hockessin, DE 19707
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      4,000 SF

      Hockessin Business Center Office Space

      Prime office space in Hockessin Business Center for lease.
      6300 Limestone Rd, Hockessin, DE 19707
      View Details
    • $23 SF/Yr
      1,297 SF

      Hockessin Office Space For Rent

      Office space for rent in a prime Delaware location.
      720-724 Yorklyn Rd, Hockessin, DE 19707
      View Details
    • $23 SF/Yr
      4,760 SF

      Office Space in Prime Location

      Delaware office space with access to PA's Route 1 corridor.
      722 Yorklyn Rd, Hockessin, DE 19707
      View Details
    • $2,200 /Mo
      1,400 SF

      Charming Townhome in Mendenhall Village

      Stylish 2-bedroom townhome with modern amenities and community features.
      805 Stockbridge Dr, Hockessin, DE 19707
      View Details
    • $2,595 /Mo
      1,700 SF

      Updated Townhome in Mendenhall Village

      Three-bedroom, two-and-a-half-bath townhome with updates throughout.
      807 Stockbridge Dr, Hockessin, DE 19707
      View Details
    • $200,000
      5,400 SF

      Retail Space in Wellington Plaza

      5,400 SF retail space in North Hockessin, Delaware.
      701-723 Ace Memorial Dr, Hockessin, DE 19707
      View Details
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    Hockessin, DE 19707-9234
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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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