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Property profile & analytics
OFF-MARKET
Office Spaces
3903 Centerville Rd Wilmington, DE 19807-1938
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US17-0222128
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1955
Construction
CONCRETE
Total area
1,618 SF
Lot
5.18 ac (225,641 SF)
Zoning code
SE
APN
07-025.00-055
UPID
US17-0222128
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
4C Digital Health Physician
-
Acorn Energy Inc Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Intercollegiate Studies Instit · 16 yrs held
Intercollegiate Studies Instit
since 2010
4 recorded transactions
Zoning & alternative use
SE · Wilmington, DE
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$248,400
Assessed 2023
Previous assessed
$248,400
+0.0% YoY
Assessed land
$91,800
Assessed improvement
$156,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1955
Construction
CONCRETE
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
1,618 SF
Lot
5.18 ac (225,641 SF)
Zoning code
SE
APN
07-025.00-055
UPID
US17-0222128
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
SE · Wilmington, DEZoning SE · permitted uses
SE · Wilmington, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1955
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
5.18 ac
Current owner
From public records · entity-resolved
Intercollegiate Studies Instit
Individual
Mailing address
3901 CENTERVILLE RD, WILMINGTON, DE 19807-1938
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2010
—
Intercollegiate Studies Instit
—
Trustees Deed
related
$800,000 · Univest National Bank & Tr Co
Apr 22, 2009
—
Studies Inst I Intercollegiate
—
Grant Deed
related
$1,000,000 · Univest National Bank & Tr Co
—
—
Intercollegiate Studies Inst I
—
Deed Of Trust
related
$3,933,890 · Univest Bank & Trust Co
—
—
Intercollegiate Studies Inst INC
—
Deed Of Trust
related
$3,000,000 · Univest National Bank & Tr Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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