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    Property profile & analytics

    316 7th Ave Wilmington, DE 19805

    • Commercial real estate
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 11, 2022
    Location Intelligence
    Property ID
    US17-0043849
    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

    • Commercial real estate

    Property Details for 316 7th Ave

    Lot size
    0.05 lot acres
    Zone code
    26M-1
    Property type
    Commercial real estate
    APN
    26-048.40-069
    APU
    2604840069

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5697
    Latitude
    39.7325
    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
    $108
    $1,800
    $1,200
    $3,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      918 Clayton St

      COMMERCIAL (GENERAL) • 0.05 Acres
      918 Clayton St, Wilmington, DE 19805-5307
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    • Value Estimation by Request
      0.14 Acres

      1407 Kirkwood Hwy

      COMMERCIAL (GENERAL) • 0.14 Acres
      1407 Kirkwood Hwy, Wilmington, DE 19805
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    • Value Estimation by Request
      0.07 Acres

      2910 2nd St

      COMMERCIAL (GENERAL) • 0.07 Acres
      2910 2nd St, Wilmington, DE 19805
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    • Value Estimation by Request
      0.34 Acres

      12 Spruce Ave

      COMMERCIAL (GENERAL) • 0.34 Acres
      12 Spruce Ave, Wilmington, DE 19805
      View Details
    • Value Estimation by Request
      1,200 SF

      325 Robinson Ln

      COMMERCIAL (GENERAL) • 1,200 SF
      325 Robinson Ln, Wilmington, DE 19805-4690
      View Details
    • Value Estimation by Request
      1,200 SF

      306 Robinson Ln

      COMMERCIAL (GENERAL) • 1,200 SF
      306 Robinson Ln, Wilmington, DE 19805-4673
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Office/Retail building for lease in a prime location.
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      Wilmington Office Space Available

      Office space available for lease in Wilmington, Delaware.
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      2,040 SF

      Retail Space in Wilmington

      Retail space available for lease in Wilmington, Delaware.
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    • $18 SF/Yr
      113,830 SF

      Canby Park Retail Center Space

      Wilmington, DE retail space: 1,600-10,000 SF available.
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      Prime Retail Space Available

      Retail space in a bustling commercial district with high visibility.
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    • $1,500 /Mo

      Temperature-Controlled Industrial Unit Available

      1300 sq ft temperature-controlled industrial unit for local business.
      101 Hawley St, Wilmington, DE 19805
      View Details
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    316 7th Ave
    Wilmington, DE 19805
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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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