Property profile

2405 Kirkwood Hwy Wilmington, DE 19805

OFF-MARKET
Strip malls
Property ID
US17-0037904
5,005 SF 0.92 ac lot Built 1985
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction CONCRETE
Total area 5,005 SF
Lot 0.92 ac (40,075 SF)
Zoning code CN
APN 07-038.10-075
UPID US17-0037904

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
  • Restaurant
  • Restaurant

Location

2405 Kirkwood Hwy Wilmington, DE 19805-4906
Wilmington metro Census 12200 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$520k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

CN · Wilmington, DE
Top alternative use upside
Restaurant $900,000 +381.8%
Retail stores $875,000 +366.5%
Medical building $840,000 +348.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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