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    Property profile & analytics

    5 Market St Wilmington, DE 19804-3138

    • Retail residential properties
    • 1,782 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 09, 2023
    Location Intelligence
    Property ID
    US17-0037960
    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 5 Market St

    Year built
    1950
    Construction
    CONCRETE
    Lot size
    0.06 lot acres
    Property size
    1,782 SF
    Zone code
    20GB
    Property type
    Retail residential properties
    APN
    20-001.00-263
    APU
    2000100263

    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
    -75.6098
    Latitude
    39.7139
    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
    $1,875
    $13,100
    $52,500
    $65,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,216 SF

      116 Justis St

      STORES & APARTMENTS • 1,216 SF
      116 Justis St, Wilmington, DE 19804-2544
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    • Value Estimation by Request
      776 SF

      102 Market St

      STORES & APARTMENTS • 776 SF
      102 Market St, Wilmington, DE 19804-3174
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    • Value Estimation by Request
      1,808 SF

      118 Maryland Ave

      STORES & APARTMENTS • 1,808 SF
      118 Maryland Ave, Wilmington, DE 19804-1336
      View Details
    • Value Estimation
      $325,000
      1,722 SF

      107 Maryland Ave

      STORES & APARTMENTS • 1,722 SF
      107 Maryland Ave, Wilmington, DE 19804-1391
      View Details
    • Value Estimation
      $340,000
      3,330 SF

      101 Maryland Ave

      STORES & APARTMENTS • 3,330 SF
      101 Maryland Ave, Wilmington, DE 19804-1335
      View Details
    • Value Estimation
      $450,000
      3,983 SF

      301 Maryland Ave

      STORES & APARTMENTS • 3,983 SF
      301 Maryland Ave, Wilmington, DE 19804-1357
      View Details

    Similar Nearby for Sale

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      Wilmington Specialty Property for Sale

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    Similar Nearby for Lease

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      Industrial Space in Wilmington

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      Elsmere Executive Office Suites

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    • $22 SF/Yr
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      First State Plaza Retail Space

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      Retail Spaces in Regional Center

      Multiple retail spaces available in a regional retail center.
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    5 Market St
    Wilmington, DE 19804-3138
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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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