Financial
Distress signals
Property profile

505 Governors Ave Dover, DE 19904

OFF-MARKET
Commercial real estate
Property ID
US17-0390791
1,920 SF 0.12 ac lot Built 1900
Last sale Jul 2024 · $207,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$636
Tax billed · 2023
Assessed value$22k
Assessed land$11k
Assessed improvement$11k
Effective rate2.94%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$210k

Realmo valuation models over county records and 6 qualifying comparable sales.

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
Qualifying comparables6

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?
C2A
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store10.2
Catering Service9.2
Plumbing Service9.1

Location

505 Governors Ave Dover, DE 19904-3522
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales 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
723 Division, Dover, DE 19904 $85,000 Jun 2025 2,376 SF
1958 Moorton, Dover, DE 19904 $290,000 May 2025 3,170 SF
303 Loockerman, Dover, DE 19904-3249 $825,000 Jan 2025 3,444 SF
305 Loockerman, Dover, DE 19904-3249 $825,000 Oct 2024 1,368 SF
134 Loockerman, Dover, DE 19904-7326 $445,000 Jul 2024 2,888 SF
1425 New Burton, Dover, DE 19904-5462 $410,000 Feb 2024 2,432 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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