Entity Owned Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1961
Construction
CONCRETE
Total area
2,790 SF
Lot
0.12 ac (5,227 SF)
Zoning code
26R-3
APN
26-013.20-178
UPID
US17-0128355
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
-
Architect
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
$435k
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$345k
Owner & transaction history
Zoning & alternative use
26R-3 · Wilmington, DE
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.
All 56 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$345k
Value range
$311k – $380k
±10% around blend
Estimated value / SF
$124 / SF
Confidence
High
56 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$311k
blend $345k
$380k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,790 SF
Lot area
0.12 ac
Year built
1961
Stories
3
APN
26-013.20-178
Zoning
26R-3
Assessed value
$293,500
Annual tax
$7,996
3
Income approach: direct capitalization
Partial preview
Income approach indication
$435k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$475k
@ 6.5% CAP return
$435k
@ 7% CAP return
$405k
4
Sales comparison
Partial preview
Sales approach indication
$400k
Weighted, 20 comps · high confidence
Evidence
56 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.7 mi away · 2,244 SF
9.6 mi away · 2,526 SF
10.2 mi away · 2,768 SF
12.8 mi away · 3,443 SF
13.4 mi away · 3,026 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$345k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 65 sales
$207
-40%
County 109 sales
$280
-56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $124/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 56 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
8.30%
Implied, in-place cap rate for this office spaces
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.30%
9.0%
NOI (est.)
$21k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$248k
Move the market yield to see immediate price impact.
Value / SF
$89
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
7.80%8.30%8.80%
$18k
$237k
$223k
$210k
$21k
$263k
$248k
$233k
$23k
$290k
$272k
$257k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
56 found
High confidence · county-verified
Closest comparable
$535k
6.1 mi · Dec 2025 · $185/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,996
Tax year 2023
Assessed value
$293,500
Assessed 2023
Previous assessed
$293,500
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$26,100
Assessed improvement
$267,400
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1961
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
3
Total area
2,790 SF
Lot
0.12 ac (5,227 SF)
Zoning code
26R-3
APN
26-013.20-178
UPID
US17-0128355
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
26R-3 · Wilmington, DEZoning 26R-3 · permitted uses
26R-3 · Wilmington, 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
1961
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
3
Lot
0.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
26R-3
Jurisdiction
Wilmington, DE
Recorded code
26R-3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 26R-3 in Wilmington, DE.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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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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