Technical
Financial
Distress signals
Property profile

2823 Ctr Rd Wilmington, DE 19805

OFF-MARKET
Retail residential properties
Property ID
US17-0308845
2,371 SF 0.14 ac lot Built 1920
Individually Owned 20-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1920
Construction CONCRETE
Total area 2,371 SF
Lot 0.14 ac (6,098 SF)
Zoning code NC5
APN 07-037.20-196
UPID US17-0308845

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2823 Ctr Rd Wilmington, DE 19805-1174
Wilmington metro Census 12100 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2005
2 recorded transactions
2005
$200,000
2004
$10

Zoning & alternative use

NC5 · Wilmington, DE

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2823 Ctr Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message