Financial
Distress signals
Property profile

1806 North Van Buren St Wilmington, DE 19802

FOR SALE
Medical Office Space
Property ID
US17-0016735
3,528 SF 0.28 ac lot Built 1964
Last sale Nov 2004 · $655,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
1806 North Van Buren St, Wilmington, DE 19802 For Sale
$1,100,000 3,528 SF
1806 North Van Buren St, Wilmington, DE 19802
View Listing

Property summary

AI-generated overview

This exceptional 7,010+/- square foot medical office building presents a lucrative investment opportunity in Wilmington, Delaware. Priced at $1,450,000, this two-story structure boasts 6,005+/- square feet of rentable office space, ideal for a variety of medical practices. Constructed of durable brick and block, the building is situated on two parcels, #26-014.40-010 and 26-014.30-009, and benefits from an R-3 zoning designation. Its strategic location near major transportation arteries,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$433k
Assessed land$31k
Assessed improvement$403k
Effective rate2.72%

Value estimate

· Sep 2026
$365k
$329k – $402k
CAP approach$785k
Submarket $/SF estimate$733k
NOI build-up
Gross scheduled income$193k
Vacancy & credit loss−$24k
Operating expenses−$67k
NOI · 9.19% cap applied$101k

Realmo valuation models over county records.

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?
9.19%
$101k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
26R-3
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
Bakery13.3
Locksmith10.5
HVAC Service10.1

Location

1806 North Van Buren St Wilmington, DE 19802
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
515 18th, Wilmington, DE 19802-4705 $155,000 Jun 2021 982 SF
2814 Baynard, Wilmington, DE 19802-2968 $269,000 Oct 2020 No data
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message