Financial
Distress signals
Property profile

308 11th St Wilmington, DE 19801

OFF-MARKET
Retail residential properties
Property ID
US17-0160245
1,088 SF 0.03 ac lot Built 1899
Last sale Nov 2025 · $169,900
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This bank-owned commercial property is located in Wilmington, Delaware 19801, within New Castle County. The site consists of an approximately 0.03-acre lot and includes existing restaurant equipment. The property is suitable for uses such as restaurant and retail, as well as investment-related purposes.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$426
Tax billed · 2023
Assessed value$12k
Assessed land$3k
Assessed improvement$9k
Effective rate3.64%

Value estimate

· Sep 2026
$170k
$153k – $187k

Realmo valuation models over county records and 13 qualifying comparable sales.

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
Qualifying comparables13

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?
26R-3
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery11.2
Florist9.8
Dry Cleaner9.2

Location

308 11th St Wilmington, DE 19801-3424
County assessor Recorded deeds · 6 transfers 13 qualifying comp sales 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Lombard, Wilmington, DE 19801-4219 $207,000 Mar 2024 1,170 SF
205 7th, Wilmington, DE 19801-2238 $125,000 Sep 2021 1,230 SF
610 Tatnall, Wilmington, DE 19801-2259 $650,000 Jan 2021 1,154 SF
825 Market, Wilmington, DE 19801-4932 $555,000 Mar 2020 1,200 SF
228 9th, Wilmington, DE 19801-1666 $153,000 Apr 2019 1,152 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
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