Technical
Financial
Distress signals
Property profile

2800 Lancaster Ave Wilmington, DE 19805

OFF-MARKET
Investment properties
Property ID
US17-0285805
5,748 SF 0.36 ac lot Built 1940
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1940
Construction CONCRETE
Total area 5,748 SF
Lot 0.36 ac (15,682 SF)
Zoning code CN
APN 07-036.10-202
UPID US17-0285805

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
  • Physician
  • Tattoo & Piercing Shop
  • Alternative Medicine Practice Spa & Massage Center
  • Medical Clinic

Location

2800 Lancaster Ave Wilmington, DE 19805-5200
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
by Request
CAP Approach CAP
$900k
Comparable Approach Comparable
$750k
Blend (final) Blend
$335k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2007
$850,000

Zoning & alternative use

CN · Wilmington, DE
Top alternative use upside
Retail stores $1.2M +33.5%

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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