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    Property profile & analytics

    1601 Naamans Rd Wilmington, DE 19810-3020

    • Retail space
    • 14,736 SF
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    $555,000
    Location Intelligence
    Property ID
    US17-0037458
    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

    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Redbox / Movie Rental Store / Movie Rental Kiosk
    • FedEx OnSite / Mailing Service
    • Walgreens / Beauty Supply Store / Convenience Store

    Property Details for 1601 Naamans Rd

    Year built
    2010
    Construction
    CONCRETE
    Lot size
    1.79 lot acres
    Property size
    14,736 SF
    Zone code
    CN
    Property type
    Retail space
    APN
    06-034.00-192
    APU
    603400192

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $550,000
      6.5%
      $610,000
      7%
      $635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $530,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $540,000
      Retail
      $500,000
      Mixed-Use
      $600,000
      Hospitality
      $500,000
      Educational
      $490,000
      Residential Income
      $640,000
      Energy
      $485,000
      Income-Based Land
      $575,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.4847
    Latitude
    39.8227
    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
    $23,398
    $216,500
    $448,500
    $665,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $345,000
      1,956 SF

      2209 Silverside Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,956 SF
      2209 Silverside Rd, Wilmington, DE 19810-4501
      View Details
    • Value Estimation
      $710,000
      4,950 SF

      1802 Marsh Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,950 SF
      1802 Marsh Rd, Wilmington, DE 19810-4597
      View Details
    • Value Estimation by Request
      16,974 SF

      3561 Silverside Rd

      RETAIL STORES (PERSONAL SERVICES) • 16,974 SF
      3561 Silverside Rd, Wilmington, DE 19810
      View Details
    • Value Estimation
      $710,000
      7,000 SF

      1708 Naamans Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      1708 Naamans Rd, Wilmington, DE 19810-2610
      View Details
    • Value Estimation
      $390,000
      2,664 SF

      2100 Foulk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,664 SF
      2100 Foulk Rd, Wilmington, DE 19810-4716
      View Details
    • Value Estimation
      $390,000
      2,025 SF

      2114 Marsh Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,025 SF
      2114 Marsh Rd, Wilmington, DE 19810-3914
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      9,000 SF

      Retail Space in Wilmington, DE

      Retail space available in high-traffic Wilmington location.
      2060-2098 Naamans Rd, Wilmington, DE 19810
      View Details
    • $22 SF/Yr
      1,600 SF

      Retail Space in Talley Ho

      Retail space available in high-traffic Wilmington shopping center.
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    • Contact for pricing
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      Retail Space Available For Lease

      Retail property available for lease in Wilmington, Delaware.
      2522 Foulk Rd, Wilmington, DE 19810
      View Details
    • Contact for pricing
      87,530 SF

      F&N Shopping Village: Retail Spaces

      Wilmington, DE retail center; spaces available.
      2060 Naamans Rd, Wilmington, DE 19810
      View Details
    • Contact for pricing
      64,232 SF

      Shoppes of Graylyn: Wilmington Retail

      Wilmington retail space, high traffic, I-95 access.
      1732 Marsh Rd, Wilmington, DE 19810
      View Details
    • $1,750 /Mo
      58,370 SF

      Foulk Road Medical Office Suite

      Well-appointed office suite in desirable Foulk Road medical complex.
      1805 Foulk Rd Unit, Wilmington, DE 19810
      View Details
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    1601 Naamans Rd
    Wilmington, DE 19810-3020
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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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