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Property profile & analytics
OFF-MARKET
Commercial land
300 Canal St Delaware City, DE 19706-8715
Entity Owned
18-yr Hold
Free & Clear
Property ID
US17-0200000
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1968
Total area
1,750 SF
Lot
0.21 ac (9,148 SF)
Zoning code
22C-1M
APN
22-009.00-116
UPID
US17-0200000
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
-
Nerissa Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Maritime Investment Properties II L · 18 yrs held
Maritime Investment Properties II L
since 2008
7 recorded transactions
Zoning & alternative use
22C-1M · Delaware City, 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 Delaware City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delaware City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$289
Tax year 2023
Assessed value
$10,300
Assessed 2023
Previous assessed
$10,300
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$10,300
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1968
Heating
FORCED AIR
Stories
1
Rooms
7
Bathrooms
1
Total area
1,750 SF
Lot
0.21 ac (9,148 SF)
Zoning code
22C-1M
APN
22-009.00-116
UPID
US17-0200000
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
22C-1M · Delaware City, DE
Zoning 22C-1M · permitted uses
22C-1M · Delaware City, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delaware City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
FORCED AIR
Stories
1
Rooms
7
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Maritime Investment Properties II L
Entity
Free & Clear · 18 yrs held
Mailing address
PO BOX 278, DELAWARE CITY, DE 19706-0278
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2020
—
Maritime Investment Properties II L
—
Deed
related
$150,000 · Wilmington Savings Fund Society Fsb
Jul 7, 2016
—
Maritime Investment Properties II L
—
Deed
related
$2,325,000 · Wilmington Savings Fund Society Fsb
Apr 7, 2008
$2,295,000
Maritime Investment Properties II L
De City Marina INC
Deed
—
Aug 1, 2006
$10
De City Marina INC
Cheatwood Vilma E
Grant Deed
—
—
—
De City Marina INC
—
Deed Of Trust
related
$567,350 · Artisans Bank
—
—
De City Marina INC
—
Deed Of Trust
related
$810,500 · Artisans Bank
—
—
Maritime Inv Props II LLC
—
Deed Of Trust
related
$150,000 · Branch Banking & Trust Co
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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