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    Property profile & analytics

    38 23rd St Wilmington, DE 19802-4251

    • Retail residential properties
    • 1,173 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 26, 2024
    Location Intelligence
    Property ID
    US17-0265573
    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

    • Retail residential properties

    Property Details for 38 23rd St

    Year built
    1920
    Construction
    CONCRETE
    Lot size
    0.03 lot acres
    Property size
    1,173 SF
    Zone code
    26R-3
    Property type
    Retail residential properties
    APN
    26-022.40-123
    APU
    2602240123

    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
    -75.5374
    Latitude
    39.7522
    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
    $0.00
    $2,600
    $16,700
    $19,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      2,156 SF

      101 Vandever Ave

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      $140,000
      560 SF

      1023 13th St

      STORES & APARTMENTS • 560 SF
      1023 13th St, Wilmington, DE 19802-5105
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    • Value Estimation
      $340,000
      1,620 SF

      8 Lea Blvd

      STORES & APARTMENTS • 1,620 SF
      8 Lea Blvd, Wilmington, DE 19802-2352
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    • Value Estimation
      $310,000
      1,200 SF

      1222 Heald St

      STORES & APARTMENTS • 1,200 SF
      1222 Heald St, Wilmington, DE 19802-5241
      View Details
    • Value Estimation by Request
      1,289 SF

      2201 Market St

      STORES & APARTMENTS • 1,289 SF
      2201 Market St, Wilmington, DE 19802-4227
      View Details
    • Value Estimation by Request
      1,136 SF

      3840 Market St

      STORES & APARTMENTS • 1,136 SF
      3840 Market St, Wilmington, DE 19802-2216
      View Details

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    Similar Nearby for Lease

    • $350,000

      Land Available For Lease

      Land for lease with flexible lease terms considered.
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    • New
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    • $6 SF/Yr
      127,229 SF

      Wilmington Industrial Space Available

      Flexible Warehouse Space in Delaware
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    • $12 SF/Yr
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      Wilmington Warehouse Space Available

      Warehouse/Industrial space for lease in Wilmington, Delaware.
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    • Contact for pricing
      650 SF

      Retail Space in Growing Neighborhood

      Retail space available in Wilmington, close to Interstate 495.
      2400 Northeast Blvd, Wilmington, DE 19802
      View Details
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    38 23rd St
    Wilmington, DE 19802-4251
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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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