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    Property profile & analytics

    2306 Newport Pike Wilmington, DE 19804-3851

    • Retail space
    • 837 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 13, 2022
    Location Intelligence
    Property ID
    US17-0263203
    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

    • Mundo Latino DE / Translation Service

    Property Details for 2306 Newport Pike

    Year built
    1930
    Construction
    CONCRETE
    Lot size
    1.03 lot acres
    Property size
    837 SF
    Zone code
    CR
    Property type
    Retail space
    APN
    08-051.10-133
    APU
    805110133

    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
    -75.6426
    Latitude
    39.7145
    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
    $0.00
    $67,300
    $72,800
    $140,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      610 SF

      113 Stanton Rd

      RETAIL STORES (PERSONAL SERVICES) • 610 SF
      113 Stanton Rd, Wilmington, DE 19804-3625
      View Details
    • Value Estimation by Request
      3,050 SF

      407 Old Dupont Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,050 SF
      407 Old Dupont Rd, Wilmington, DE 19804-1258
      View Details
    • Value Estimation
      $385,000
      3,000 SF

      1610 Newport Pike

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      1610 Newport Pike, Wilmington, DE 19804-2529
      View Details
    • Value Estimation
      $540,000
      2,500 SF

      609 Maryland Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      609 Maryland Ave, Wilmington, DE 19804-1631
      View Details
    • Value Estimation
      $350,000
      1,134 SF

      315 Maryland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,134 SF
      315 Maryland Ave, Wilmington, DE 19804-1363
      View Details
    • Value Estimation
      $360,000
      2,952 SF

      706 Newport Pike

      RETAIL STORES (PERSONAL SERVICES) • 2,952 SF
      706 Newport Pike, Wilmington, DE 19804-3238
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,420 SF

      Mixed-Use Building For Sale

      Mixed-use building with retail and potential apartment/office conversion.
      716 N Market St, Wilmington, DE 19804
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    • $1,900,000
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      Main Street Multi-Unit Investment

      Wilmington, DE retail & office complex. High traffic location.
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    • $549,000
      3,822 SF

      Downtown Wilmington Mixed-Use Building

      Versatile building with retail space and residential conversion potential.
      615 N Market St, Wilmington, DE 19804
      View Details
    • $1,900,000
      8,000 SF

      High-Visibility Income-Producing Commercial Property

      Prime location with high traffic and income-generating tenants.
      508-512 Main St, Wilmington, DE 19804
      View Details
    • $275,000
      2,244 SF

      Retail Store with FF&E Included

      Retail store with equipment, inventory, and customer database included.
      15 Germay Dr, Wilmington, DE 19804
      View Details
    • $275,000
      2,244 SF

      Wilmington Restaurant - Turnkey Opportunity

      Established Pastry Shop, $275,000
      15 Germay Dr, Wilmington, DE 19804
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,200 SF

      Retail Spaces in Regional Center

      Multiple retail spaces available in a regional retail center.
      1700 W Newport Pike, Wilmington, DE 19804
      View Details
    • $21 SF/Yr
      1,200 SF

      Retail Space with Excellent Signage

      Retail space featuring high visibility, ample parking, and easy access.
      204 W Market St, Wilmington, DE 19804
      View Details
    • Contact for pricing
      7,653 SF

      Grocery-Anchored Shopping Center Space

      Retail space in a busy, grocery-anchored shopping center.
      442 S Market St, Wilmington, DE 19804
      View Details
    • $1,250 /Mo
      350 SF

      Office and Garage Spaces Available

      Office suites and garage units for rent in Elsmere.
      10 Hadco Rd, Wilmington, DE 19804
      View Details
    • $12 SF/Yr
      7,535 SF

      Prime Newport Flex Space

      7,535 SF Flex Space, Delaware, High Visibility
      110 Market St, Wilmington, DE 19804
      View Details
    • $22 SF/Yr
      164,779 SF

      First State Plaza Retail Space

      Wilmington, DE Strip Mall Opportunity
      1600 Newport Pike, Wilmington, DE 19804
      View Details
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    Wilmington, DE 19804-3851
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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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