Financial
Distress signals
Property profile

300 Martin Luther King Blvd Wilmington, DE 19801

FOR LEASE
Commercial land
Property ID
US17-0210978
0.06 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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

This exceptional executive office space, located at 300 Martin Luther King Boulevard in Wilmington, Delaware's vibrant Riverfront District, offers two available suites ranging from 2,000 to 4,200 square feet. Housed in a beautifully restored three-story building dating back to the 1880s, the property boasts a unique blend of historical charm and modern functionality. The interior features exposed brick, post and beam construction, exposed ductwork, and an open floor plan complemented by…

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 · 2023

What does the county charge?
$472
Tax billed · 2023
Assessed value$13k
Assessed land$13k
Effective rate3.60%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$95k
Vacancy & credit loss−$18k
Operating expenses−$19k
NOI · 520,063.64% cap applied$57k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$207/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$148 – $317

Cap rate analysis

How does the asset earn?
520,063.64%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
26C-3
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 agency58.6
Building Supply45.7
Dental Office38.7

Location

300 Martin Luther King Blvd Wilmington, DE 19801
County assessor Recorded deeds · 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
307 Heald, Wilmington, DE 19801-5433 $250,000 Sep 2025 No data
828 Church, Wilmington, DE 19801-4312 $120,000 Mar 2024 No data
826 Church, Wilmington, DE 19801-4312 $120,000 Mar 2024 No data
824 Church, Wilmington, DE 19801-4312 $120,000 Mar 2024 No data
2 4th, Wilmington, DE 19801-2202 $500,000 Mar 2023 No data
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?”
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