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Financial
Distress signals
Property profile

1601 Jessup St Wilmington, DE 19802

OFF-MARKET
Manufacturing properties
Property ID
US17-0029463
11,112 SF 0.15 ac lot Built 1930
Last sale Nov 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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

This exceptional 20,500 square foot commercial property, located at 1601 N Jessup St in Wilmington, Delaware, presents a unique investment opportunity. Situated on a 0.79-acre waterfront lot, this two-story building boasts attractive architecture and masonry construction. Built in 1943 and renovated in 2005, the property is currently fully leased and offers a diverse range of potential uses, including restaurant, creative office, and manufacturing, as permitted by the W6W4 zoning. Features…

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

What does the county charge?
Assessed value · 2024$137k
Assessed land$29k
Assessed improvement$108k

Value estimate

· Oct 2026
$365k
$329k – $402k
AI approach$380k

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?
26W4
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 agency54.3
Building Supply47.8
Dental Office38.2

Location

1601 Jessup St Wilmington, DE 19802-4209
County assessor Recorded deeds · 4 transfers 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

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1330 12th, Wilmington, DE 19802-5316 $600,000 Aug 2021 43,540 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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