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    Property profile & analytics

    1709 Lovering Ave Wilmington, DE 19806-2119

    • Retail residential properties
    • 3,137 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Jul 02, 2025
    Location Intelligence
    Property ID
    US17-0128351
    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

    • ATM / Atm
    • Gallucio's Restaurant / Restaurant / Italian Restaurant

    Property Details for 1709 Lovering Ave

    Year built
    1940
    Construction
    CONCRETE
    Lot size
    0.14 lot acres
    Property size
    3,137 SF
    Zone code
    26C-2
    Property type
    Retail residential properties
    APN
    26-013.20-185
    APU
    2601320185

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5599
    Latitude
    39.7607
    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
    $4,141
    $42,700
    $109,300
    $152,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $395,000
      1,372 SF

      34 Trolley Sq

      STORE/OFFICE (MIXED USE) • 1,372 SF
      34 Trolley Sq, Wilmington, DE 19806
      View Details
    • Value Estimation
      $320,000
      834 SF

      1721 Delaware Ave

      STORE/OFFICE (MIXED USE) • 834 SF
      1721 Delaware Ave, Wilmington, DE 19806-2329
      View Details
    • Value Estimation
      $350,000
      960 SF

      16 Trolley Sq

      STORE/OFFICE (MIXED USE) • 960 SF
      16 Trolley Sq, Wilmington, DE 19806
      View Details
    • Value Estimation
      $340,000
      960 SF

      4 Trolley Sq

      STORE/OFFICE (MIXED USE) • 960 SF
      4 Trolley Sq, Wilmington, DE 19806
      View Details
    • Value Estimation
      $325,000
      1,296 SF

      1400 Van Buren St

      STORES & APARTMENTS • 1,296 SF
      1400 Van Buren St, Wilmington, DE 19806-3266
      View Details
    • Value Estimation by Request
      1,076 SF

      1807 16th St

      STORES & APARTMENTS • 1,076 SF
      1807 16th St, Wilmington, DE 19806-2544
      View Details

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      Wilmington, DE Office: Prime Location, Flexible Space
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      Delaware Ave Restaurant - For Lease

      Thriving Wilmington restaurant, lease available.
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      View Details
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    1709 Lovering Ave
    Wilmington, DE 19806-2119
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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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