422 Delaware Ave Wilmington, DE 19801-1508
Property profile & analytics
422 Delaware Ave, Wilmington, DE 19801-1508
- Hotels
- 11,440 SF
- 0.52 lot acres
Property ID
US17-0284824
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.
Location Intelligence
Current Use by Public Records
- PNC Mortgage / Loan Service / Bank
- Sheraton Suites Wilmington Downtown / Hotel & Motel
- PNC ATM / Atm
- Basil Bar & Grill / Bar & Pub
Property Details for 422 Delaware Ave
- Year built
- 1989
- Construction
- BRICK
- Lot size
- 0.52 lot acres
- Zone code
- 26C-4
- Property type
- Hotels
- APN
- 26-028.30-385
- APU
- 2602830385
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 18, 2022 | — | 422 Hotel LLC | — | Deed · related | $23M · Standard Insurance Co |
| May 15, 2019 | — | 422 Hotel LLC | — | Grant Deed · related | $22M · Miscellaneous Ins Co |
| Nov 26, 2018 | — | 422 Hotel LLC | — | Deed · related | $13k · Rockland Trust Co |
| Jun 12, 2007 | $42,269,147 | Pde I LLC | Elk Grove Suites Investment LP | Special Warranty Deed | $36.5M · Wachovia Bank NA |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $825,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,060,000
- 6.5%
- $980,000
- 7%
- $910,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,052,000
Market price range: $527k - $1.05M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $765,000 Current use
- AUTO REPAIR, GARAGE
- $985,000 Change: +29% Conversion: Difficult
- WAREHOUSE, STORAGE
- $830,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5513
- Latitude
- 39.7473
- 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
$488,365
$1,642,000
$11,900,000
$13,542,000
-
$0.00
$0.00
$0.00
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month11.0k
-
Visitors by month5.7k
-
Avg Time on site242 min
