Property profile

1603 Jessup St Ste 5 Wilmington, DE 19802

OFF-MARKET
Warehouses
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Property ID
US17-0008224
4,800 SF Built 1988
Last sale Apr 2004·$153,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$4k
Tax billed · 2024
Assessed value$120k
Assessed land$13k
Assessed improvement$107k
Effective rate3.23%

Value estimate

· Nov 2026
$395k
$356k – $435k
AI approach$425k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$72 – $158
Qualifying comparables4

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?
26C-2
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.8
Carpet & Flooring Store10.4
Locksmith9.8

Location

1603 Jessup St Ste, Unit 5 Wilmington, DE 19802-4255
County assessor Recorded deeds · 1 transfer 4 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Vandever, Wilmington, DE 19802-4237 $650,000 Jul 2022 8,832 SF
3911 Washington, Wilmington, DE 19802-2147 $270,000 May 2022 3,056 SF
3838 Market, Wilmington, DE 19802-2216 $320,000 Nov 2020 2,752 SF
1240 16th, Wilmington, DE 19802-5217 $270,000 Nov 2020 8,560 SF
1244 14th, Wilmington, DE 19802-5213 $195,000 Dec 2019 5,112 SF
105 Vandever, Wilmington, DE 19802-4221 $177,500 Oct 2019 8,640 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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