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Property profile & analytics
FOR LEASE
Retail space
2710 Philadelphia Pike Claymont, DE 19703
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US17-0485520
For Lease
1 / 2
$1,925,000
2710 Philadelphia Pike, Claymont, DE 19703
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
CONCRETE
Total area
12,380 SF
Lot
1.12 ac (48,787 SF)
Zoning code
CR
APN
06-096.00-074
UPID
US17-0485520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Delaware Vapor (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$1.93M
Owner & transaction history
Rocky Run LLC · 2 yrs held
Rocky Run LLC
since 2024
6 recorded transactions
Zoning & alternative use
CR · Claymont, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Claymont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claymont submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,000,000
6.5%
$1,845,000
7%
$1,710,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,835,000
Current use
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$155 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,717
Tax year 2023
Assessed value
$446,700
Assessed 2023
Previous assessed
$446,700
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$122,000
Assessed improvement
$324,700
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1983
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Total area
12,380 SF
Lot
1.12 ac (48,787 SF)
Zoning code
CR
APN
06-096.00-074
UPID
US17-0485520
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CR · Claymont, DE
Zoning CR · permitted uses
CR · Claymont, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Claymont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Rocky Run LLC
Entity
Mailing address
701 FOULK RD STE 1A, WILMINGTON, DE 19803-3733
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
—
Rocky Run LLC
Grubbs Landing Center LLC
Correction Deed
related
$900,000 · First Citizens Community Bank
Mar 26, 2021
—
Rocky Run LLC
Grubbs Landing Center LLC
Deed
$1,950,000 · Citizens Commerce Bank
Jul 10, 2015
$1,900,000
Grubbs Landing Center LLC
Lb Properties LLC
Special Warranty Deed
$1,425,000 · Fulton Bank NA
Apr 1, 2009
—
Lb Properties LLC
—
Trustees Deed
related
$1,525,000 · Alliance Bank
Aug 1, 2007
$1,100,000
Properties LLC
Fusco Ents
Grant Deed
—
—
—
Lb Properties LLC
—
Deed Of Trust
related
$660,000 · Citizens Bank Pennsylvania
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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