Property profile

40 Ridgely St Dover, DE 19904

OFF-MARKET
Commercial real estate
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Property ID
US17-0225100
18,240 SF 2 ac Built 1965
Last sale Oct 2025·$480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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 · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$99k
Assessed land$16k
Assessed improvement$84k
Effective rate2.94%

Value estimate

· Nov 2026
$510k
$459k – $561k
AI approach$475k
Submarket $/SF estimate$597k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$151/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$79 – $250

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?
M
M (Manufacturing Zone) conditionally permitting manufacturing, assembling, processing or storage of products/materials subject to conditi...
General categoryINDUSTRIAL
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility13.8
Electrical Service13.7
HVAC Service12.7

Location

40 Ridgely St Dover, DE 19904-2710
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1240 Mckee, Dover, DE 19904-1381 $23,500,000 Apr 2025 42,437 SF
1406 Forrest, Dover, DE 19904-3398 $4,250,000 Apr 2025 30,200 SF
148 New, Dover, DE 19904-3232 $825,000 Oct 2024 5,928 SF
180 Mapledale, Dover, DE 19904-7118 $480,000 Sep 2024 23,100 SF
107 Mont Blanc, Dover, DE 19904-7624 $2,700,000 Sep 2024 9,920 SF
833 Governors, Dover, DE 19904-4158 $4,690,047 Sep 2023 7,515 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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