This exceptional investment opportunity presents a 18,790 square foot flex/retail building situated on a 0.65-acre lot at 3401 N Market St, Wilmington, DE 19802. The property, built in 2015, features two units totaling 10,460 net rentable square feet, each priced at $1,750,000. The asking price for the entire property is $3,500,000, translating to $186.27 per square foot. This single-story building boasts an 18-foot ceiling height, two loading docks, and 14-foot overhead doors, making it…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$8k

Tax billed · 2024

Assessed value$286k

Assessed land$99k

Assessed improvement$186k

Effective rate2.94%

Value estimate

· Oct 2026

$360k

$324k – $396k

CAP approach$1.13M

Submarket $/SF estimate$1.49M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?

$121/SF

Submarket average, outlier-cleaned · 20 recorded sales of this use type

Observed band · Q1–Q3$72 – $158

Qualifying comparables11

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?

26C-2

JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm26.8

Realty agency23.1

Dental Office18.9

3401 Market St Wilmington, DE 19802-2731

County assessor Recorded deeds · 1 transfer 11 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 · 16 properties nearby

Address Sale price Sold Size

201 Vandever, Wilmington, DE 19802-4237 $650,000 Jul 2022 8,832 SF

3911 Washington, Wilmington, DE 19802-2147 $270,000 May 2022 3,056 SF

1240 16th, Wilmington, DE 19802-5217 $270,000 Nov 2020 8,560 SF

1603 Jessup St, Wilmington, DE 19802-4255 $291,000 Aug 2020 4,800 SF

1244 14th, Wilmington, DE 19802-5213 $195,000 Dec 2019 5,112 SF

105 Vandever, Wilmington, DE 19802-4221 $177,500 Oct 2019 8,640 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.

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3401 Market St Wilmington, DE 19802

Property summary