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    Property profile & analytics

    2507 2nd St Wilmington, DE 19805

    • Auto shops
    • 2,940 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 12, 2022
    Location Intelligence
    Property ID
    US17-0318922
    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

    • Auto shops

    Property Details for 2507 2nd St

    Year built
    1957
    Construction
    CONCRETE
    Lot size
    0.16 lot acres
    Property size
    2,940 SF
    Zone code
    26C-5
    Property type
    Auto shops
    APN
    26-026.10-033
    APU
    2602610033

    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
    -75.5801
    Latitude
    39.7503
    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
    $983
    $13,900
    $22,200
    $36,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      5 Stroud St

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      1015 Lincoln St

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      201 Rodman St

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      2300 4th St

      AUTO REPAIR, GARAGE • 10,649 SF
      2300 4th St, Wilmington, DE 19805-3325
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    • Value Estimation
      $285,000
      3,500 SF

      101 Baltimore Ave

      AUTO REPAIR, GARAGE • 3,500 SF
      101 Baltimore Ave, Wilmington, DE 19805-2547
      View Details

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      Retail/Flex Space with Drive-In

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    2507 2nd St
    Wilmington, DE 19805
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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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