Financial
Distress signals
Property profile

3 Colonial Ave Wilmington, DE 19805

OFF-MARKET
Other warehouses
Property ID
US17-0036629
18,540 SF 0.34 ac lot Built 1975
Last sale Mar 2022 · $21,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 3 North Colonial Avenue in Wilmington, Delaware is a flex building with warehouse, showroom, and office components. The high-bay warehouse provides approximately 15,000 square feet of clear-span space and includes an oversized drive-in door and four loading docks. Additional space comprises approximately 2,800 square feet of showroom area and approximately 2,400 square feet of second-floor office space. The building’s loading configuration is designed to allow for potential

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$261k
Assessed land$46k
Assessed improvement$215k
Effective rate3.28%

Value estimate

· Sep 2026
$1.71M
$1.53M – $1.88M
CAP approach$2.22M
Submarket $/SF estimate$1.57M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$72 – $158

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
19GI
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.8
Dental Office28.6
Parking Facility12.6

Location

3 Colonial Ave Wilmington, DE 19805-5201
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Hawley, Wilmington, DE 19805 $1,435,000 Oct 2024 6,595 SF
302 Commercial, Wilmington, DE 19805-1907 $435,000 May 2023 3,200 SF
109 Stroud, Wilmington, DE 19805-4841 $165,000 Oct 2022 3,720 SF
2006 Rodman, Wilmington, DE 19805-4135 $1,075,000 Jun 2022 21,503 SF
1626 Tulip, Wilmington, DE 19805 $80,000 Feb 2022 2,637 SF
101 Colonial, Wilmington, DE 19805-5203 $575,000 Jun 2021 7,059 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 3 Colonial Ave?
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