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    Property profile & analytics

    300 8th St Wilmington, DE 19801-3637

    • Assisted living facilities
    • 14,987 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    $645,000
    Location Intelligence
    Property ID
    US17-0202897
    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

    • The Pearl Center (The Delaware Center for Homeless Veterans) / Apartment Building

    Property Details for 300 8th St

    Year built
    1982
    Construction
    CONCRETE
    Lot size
    1.01 lot acres
    Property size
    14,987 SF
    Zone code
    26R-5A
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    26-035.40-150
    APU
    2603540150

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $645,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $690,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $620,000
      Retail
      $625,000
      Mixed-Use
      $615,000
      Hospitality
      $570,000
      Educational
      $645,000
      Residential Income
      $770,000
      Energy
      $690,000
      Income-Based Land
      $750,000
      Food Service
      $625,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5461
    Latitude
    39.7418
    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
    $29,031
    $220,000
    $585,000
    $805,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $625,000
      3,020 SF

      604 10th St

      HOMES (RETIRED, NURSING) • 3,020 SF
      604 10th St, Wilmington, DE 19801-1424
      View Details
    • Value Estimation by Request
      754 SF

      830 Spruce St

      DENTAL BUILDING • 754 SF
      830 Spruce St, Wilmington, DE 19801-4200
      View Details
    • Value Estimation by Request
      1,584 SF

      207 9th St

      DENTAL BUILDING • 1,584 SF
      207 9th St, Wilmington, DE 19801-1619
      View Details
    • Value Estimation
      $440,000
      7,057 SF

      601 New Castle Ave

      MEDICAL CLINIC • 7,057 SF
      601 New Castle Ave, Wilmington, DE 19801-5821
      View Details
    • Value Estimation by Request
      5,945 SF

      230 Orange St

      DENTAL BUILDING • 5,945 SF
      230 Orange St, Wilmington, DE 19801
      View Details
    • Value Estimation
      $415,000
      2,164 SF

      827 Jefferson St

      DENTAL BUILDING • 2,164 SF
      827 Jefferson St, Wilmington, DE 19801-1431
      View Details

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    Wilmington, DE 19801-3637
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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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