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    Property profile & analytics

    1721 Delaware Ave Wilmington, DE 19806-2329

    • Investment properties
    • 834 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Jan 10, 2022
    Location Intelligence
    Property ID
    US17-0036673
    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

    • Gorelick Appraisals, Inc / Real Estate Appraiser
    • Blue Streak Gallery Inc / Art Gallery
    • Bohemy Salon Co. / Beauty Salon
    • chenpaintings / Art Gallery

    Property Details for 1721 Delaware Ave

    Year built
    1930
    Construction
    CONCRETE
    Lot size
    0.04 lot acres
    Property size
    834 SF
    Zone code
    26C-1
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    26-013.40-040
    APU
    2601340040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $375,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $340,000
      Mixed-Use
      $305,000
      Hospitality
      $365,000
      Educational
      $290,000
      Residential Income
      $340,000
      Energy
      $385,000
      Income-Based Land
      $295,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.563
    Latitude
    39.7588
    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
    $2,212
    $8,700
    $72,500
    $81,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $505,000
      960 SF

      10 Trolley Sq

      STORE/OFFICE (MIXED USE) • 960 SF
      10 Trolley Sq, Wilmington, DE 19806
      View Details
    • Value Estimation
      $350,000
      1,372 SF

      1 Trolley Sq

      STORE/OFFICE (MIXED USE) • 1,372 SF
      1 Trolley Sq, Wilmington, DE 19806
      View Details
    • Value Estimation
      $370,000
      960 SF

      14 Trolley Sq

      STORE/OFFICE (MIXED USE) • 960 SF
      14 Trolley Sq, Wilmington, DE 19806
      View Details
    • Value Estimation
      $315,000
      960 SF

      6 Trolley Sq

      STORE/OFFICE (MIXED USE) • 960 SF
      6 Trolley Sq, Wilmington, DE 19806
      View Details
    • Value Estimation
      $335,000
      960 SF

      5 Trolley Sq

      STORE/OFFICE (MIXED USE) • 960 SF
      5 Trolley Sq, Wilmington, DE 19806
      View Details
    • 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

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      Specialty property available for purchase.
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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Office Space Near Brandywine River

      Office space in park-like setting near Brandywine River.
      2 Mill Rd, Wilmington, DE 19806
      View Details
    • $15 SF/Yr
      10,560 SF

      Office Space Near Trolley Square

      Office space for lease near shopping, restaurants, and I-95.
      1200 Pennsylvania Ave, Wilmington, DE 19806
      View Details
    • Contact for pricing
      8,000 SF

      Wilmington Executive Office Suites

      Two Suites Available, All Utilities Included
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      View Details
    • $40 SF/Yr
      4,000 SF

      Retail Space in Wilmington

      Retail space available for lease in Wilmington, Delaware.
      1611 Pennsylvania Ave, Wilmington, DE 19806
      View Details
    • $18 SF/Yr
      1,650 SF

      Medical Office Space Available

      Medical office space for lease featuring multiple exam rooms.
      1117 N Franklin St, Wilmington, DE 19806
      View Details
    • $22 SF/Yr
      5,311 SF

      Trolley Square Office Space Available

      Wilmington, DE Office: Prime Location, Flexible Space
      1700 14Th St, Wilmington, DE 19806
      View Details
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    1721 Delaware Ave
    Wilmington, DE 19806-2329
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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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