Trust Owned 
For Sale
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Property summary
This exceptional investment opportunity presents a multi-unit commercial property located at 508-512 Main Street in Wilmington, Delaware, 19804. The property comprises two buildings, totaling 8,000 square feet across three stories, situated on three combined parcels encompassing 0.66 acres. Built in 1986, this Class C property features a mix of retail and office space, currently operating at 100% occupancy with four units. The property is zoned CR and offers a compelling combination of… QSR/Fast Food and storefront options, including co-working space. Currently, an accounting firm occupies 3,840 square feet of the space, while a liquor store/food mart and an apartment occupy the remaining 4,160 square feet. The asking price is $1,900,000, representing a price per square foot of $237.50 and a 4.00% cap rate. The property benefits from a gross lease type and boasts outstanding visibility at the intersection of Route 7 (Limestone Road) and Route 4, experiencing high traffic counts exceeding 56,000 vehicles daily. Full movement access is available from both eastbound and westbound Route 7. Delaware Department of Transportation (DelDOT) right-of-ways are present at each end of the 508 and 512 properties. This income-producing property offers a strong return on investment in a prime Wilmington location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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