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    Property profile & analytics

    405 Ayre St Wilmington, DE 19804-2512

    • Auto shops
    • 1,680 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US17-0195128
    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

    • O'Brian's Countertops / Construction Company
    • Michael O'Brian & Sons / Cabinet Maker
    • Interior Solutions / Interior Designer

    Property Details for 405 Ayre St

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.14 lot acres
    Property size
    1,680 SF
    Zone code
    20GB
    Property type
    Auto shops
    APN
    20-002.00-036
    APU
    2000200036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $390,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $430,000
      Mixed-Use
      $425,000
      Hospitality
      $360,000
      Educational
      $445,000
      Residential Income
      $370,000
      Energy
      $465,000
      Income-Based Land
      $445,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6038
    Latitude
    39.7136
    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
    $2,042
    $18,300
    $52,900
    $71,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,960 SF

      501 B And O Ln

      AUTO REPAIR, GARAGE • 3,960 SF
      501 B And O Ln, Wilmington, DE 19804-1444
      View Details
    • Value Estimation by Request
      5,040 SF

      106 Marshall St

      AUTO REPAIR, GARAGE • 5,040 SF
      106 Marshall St, Wilmington, DE 19804-2533
      View Details
    • Value Estimation
      $380,000
      3,785 SF

      304 Falco Dr

      AUTO REPAIR, GARAGE • 3,785 SF
      304 Falco Dr, Wilmington, DE 19804-2401
      View Details
    • Value Estimation
      $375,000
      3,000 SF

      15 Ayre St

      AUTO REPAIR, GARAGE • 3,000 SF
      15 Ayre St, Wilmington, DE 19804-3101
      View Details
    • Value Estimation
      $560,000
      9,010 SF

      22 Brookside Dr

      AUTO REPAIR, GARAGE • 9,010 SF
      22 Brookside Dr, Wilmington, DE 19804
      View Details
    • Value Estimation by Request
      5,092 SF

      601 Boxwood Rd

      AUTO REPAIR, GARAGE • 5,092 SF
      601 Boxwood Rd, Wilmington, DE 19804-2010
      View Details

    Similar Nearby for Sale

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      Mixed-Use Investment Property For Sale

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      Retail store with equipment, inventory, and customer database included.
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      3,822 SF

      Downtown Wilmington Mixed-Use Building

      Versatile building with retail space and residential conversion potential.
      615 N Market St, Wilmington, DE 19804
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      High-Visibility Income-Producing Commercial Property

      Prime location with high traffic and income-generating tenants.
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    • Contact for pricing
      6,420 SF

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      Mixed-use building with retail and potential apartment/office conversion.
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    Similar Nearby for Lease

    • $1,250 /Mo
      350 SF

      Office and Garage Spaces Available

      Office suites and garage units for rent in Elsmere.
      10 Hadco Rd, Wilmington, DE 19804
      View Details
    • $22 SF/Yr
      164,779 SF

      First State Plaza Retail Space

      Wilmington, DE Strip Mall Opportunity
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      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Spaces in Regional Center

      Multiple retail spaces available in a regional retail center.
      1700 W Newport Pike, Wilmington, DE 19804
      View Details
    • $12 SF/Yr
      7,535 SF

      Prime Newport Flex Space

      7,535 SF Flex Space, Delaware, High Visibility
      110 Market St, Wilmington, DE 19804
      View Details
    • Contact for pricing
      7,653 SF

      Grocery-Anchored Shopping Center Space

      Retail space in a busy, grocery-anchored shopping center.
      442 S Market St, Wilmington, DE 19804
      View Details
    • $21 SF/Yr
      1,200 SF

      Retail Space with Excellent Signage

      Retail space featuring high visibility, ample parking, and easy access.
      204 W Market St, Wilmington, DE 19804
      View Details
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    Wilmington, DE 19804-2512
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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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