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Financial
Distress signals
Property profile

1600 Newport Pike Wilmington, DE 19804

OFF-MARKET
Manufacturing properties
Property ID
US17-0232918
13,283 SF 0.75 ac lot Built 1965
Last sale Jun 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

First State Plaza, a prominent 164,779 square foot retail center in Wilmington, Delaware, presents a unique investment opportunity. This multi-tenant strip mall boasts high visibility on West Newport Pike, offering exceptional access to major roadways including I-95, I-295, I-495, and Route 1. The property's strategic location places it within close proximity to Delaware Park and Christiana Mall, ensuring significant foot traffic and consumer reach. Currently, seven suites are available,…

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?
$10k
Tax billed · 2024
Assessed value$263k
Assessed land$65k
Assessed improvement$198k
Effective rate3.71%

Value estimate

· Oct 2026
$410k
$369k – $451k
Submarket $/SF estimate$679k

Realmo valuation models over county records and 3 qualifying comparable sales.

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?
CR
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 agency15.2
Dental Office14.1
Parking Facility11.3

Location

1600 Newport Pike Wilmington, DE 19804-2541
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,245,000
    20,420 SF
    13 Brookside Dr
    MANUFACTURING (LIGHT)
    13 Brookside Dr, Wilmington, DE 19804
    View Details
  • Value Estimation
    $495,000
    7,171 SF
    9 Germay Dr
    MANUFACTURING (LIGHT)
    9 Germay Dr, Wilmington, DE 19804-1155
    View Details
  • Value Estimation
    $375,000
    5,292 SF
    400 Harvey Dr
    MANUFACTURING (LIGHT)
    400 Harvey Dr, Wilmington, DE 19804-2417
    View Details
  • Value Estimation
    $340,000
    4,900 SF
    3 Meco Cir
    MANUFACTURING (LIGHT)
    3 Meco Cir, Wilmington, DE 19804-1108
    View Details
  • Value Estimation
    $285,000
    0.34 Acres
    11 Brookside Dr
    MANUFACTURING (LIGHT)
    11 Brookside Dr, Wilmington, DE 19804-1101
    View Details

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Similar in This City for Lease

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