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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Investment properties
300 9th St Wilmington, DE 19801-1502
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US17-0489069
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1940
Construction
CONCRETE
Total area
4,860 SF
Lot
0.11 ac (4,792 SF)
Zoning code
26C-4
APN
26-035.10-439
UPID
US17-0489069
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
-
LisaAnne Talks (Bike/Boat/Book/etc) Store Cosmetic Store
-
The Spot 302 Hotel & Motel Resort
-
Verge Marketing & Advertising Advertising Agency
-
Denault Studios Gallery Art Gallery
-
A'Vibe Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$755k
Blend (final)
Blend
$765k
Owner & transaction history
300 W9 Wilmington Holdings LLC · 10 yrs held
300 W9 Wilmington Holdings LLC
since 2016
7 recorded transactions
Zoning & alternative use
26C-4 · Wilmington, 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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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%
$825,000
6.5%
$760,000
7%
$710,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,005,000
Current use
RETAIL STORES
$1,000,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$157 / 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
$12,320
Tax year 2023
Assessed value
$246,600
Assessed 2023
Previous assessed
$246,600
+0.0% YoY
Effective rate
5.00%
On assessed value
Assessed land
$71,900
Assessed improvement
$174,700
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1940
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
3
Total area
4,860 SF
Lot
0.11 ac (4,792 SF)
Zoning code
26C-4
APN
26-035.10-439
UPID
US17-0489069
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
26C-4 · Wilmington, DE
Zoning 26C-4 · permitted uses
26C-4 · Wilmington, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1940
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
300 W9 Wilmington Holdings LLC
Entity
Mailing address
1923 WELSH RD, PHILADELPHIA, PA 19115-4659
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2016
—
300 W9 Wilmington Holdings LLC
Mareo Holdings II LLC
Deed
$500,000 · Commonwealth Capital LLC
Feb 26, 2016
$225,000
Wilmington Svg Fund Societyfsb
Sheriff Of New Castle County
Trustees Deed
related
—
Sep 2, 2004
$10
Preservation Initiatives INC
Ninth Street Ptshp
Grant Deed
$628,000 · Wilmington Savings Fund Societ
—
—
300 W9 Wilmington Holdings LLC
—
Deed Of Trust
related
$600,000 · Lei Ma
—
—
300 W9 Wilmington Holdings LLC
—
Deed Of Trust
related
$850,000 · Centric Bk NA
—
—
Preservation Initiatives INC
—
Deed Of Trust
related
$300,000 · Wilmington Udag Corp
—
—
Preservation Initiatives INC
—
Deed Of Trust
related
$580,000 · Wilmington Udag Corp
—
—
Preservation Initiatives INC
—
Deed Of Trust
related
$6,000,000 · City Of Wilmington
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.
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