Entity Owned Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2013
Construction
ADOBE
Total area
135,178 SF
Lot
50 ac (2,178,000 SF)
Zoning code
18STC
APN
18-039.00-006
UPID
US17-0324865
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.73M
Comparable Approach
Comparable
$9.32M
Blend (final)
Blend
$10.53M
Owner & transaction history
Zoning & alternative use
18STC · Newark, DE
Top alternative use upside
Retail stores
$15.2M
+156.1%
Restaurant
$13.4M
+125.9%
Auto repair, garage
$12.8M
+115.4%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$10.53M
Value range
$9.47M – $11.58M
±10% around blend
Estimated value / SF
$78 / SF
Confidence
Property data
100
Comparable evidence
60
$9.47M
blend $10.53M
$11.58M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
135,178 SF
Lot area
50 ac
Year built
2013
Stories
1
APN
18-039.00-006
Zoning
18STC
Assessed value
$6,024,300
Annual tax
$223,203
3
Income approach: direct capitalization
Partial preview
Income approach indication
$11.73M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$12.71M
@ 6.5% CAP return
$11.73M
@ 7% CAP return
$10.89M
4
Sales comparison
Partial preview
Sales approach indication
$9.32M
Range $3.37M – $9.32M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$10.53M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+156%
vs current-use indication
Restaurant
Auto Repair, Garage
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.02M
Move the market yield to see immediate price impact.
Value / SF
$45
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$380k
$7.59M
$5.42M
$4.22M
$422k
$8.43M
$6.02M
$4.69M
$464k
$9.28M
$6.63M
$5.15M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$223,203
Tax year 2024
Assessed value
$6,024,300
Assessed 2024
Previous assessed
$6,024,300
+0.0% YoY
Effective rate
3.71%
On assessed value
Assessed land
$1,000,000
Assessed improvement
$5,024,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2013
Construction
ADOBE
Heating
YES
Cooling
YES
Stories
1
Total area
135,178 SF
Lot
50 ac (2,178,000 SF)
Zoning code
18STC
APN
18-039.00-006
UPID
US17-0324865
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
18STC · Newark, DEZoning 18STC · permitted uses
18STC · Newark, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
ADOBE
Heating
YES
Cooling
Yes
Stories
1
Lot
50 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
18STC
Jurisdiction
Newark, DE
Recorded code
18STC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 18STC in Newark, DE.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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