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Property profile & analytics
OFF-MARKET
Retail residential properties
617 Jefferson St Wilmington, DE 19801-2129
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US17-0460341
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1938
Construction
CONCRETE
Total area
952 SF
Lot
0.03 ac (1,307 SF)
Zoning code
26R-4
APN
26-035.10-188
UPID
US17-0460341
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lsn Cm&e LLC · 1 yrs held
Lsn Cm&e LLC
since 2025
7 recorded transactions
Zoning & alternative use
26R-4 · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$34,400
Assessed 2023
Previous assessed
$34,400
+0.0% YoY
Assessed land
$3,300
Assessed improvement
$31,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1938
Construction
CONCRETE
Heating
YES
Stories
3
Total area
952 SF
Lot
0.03 ac (1,307 SF)
Zoning code
26R-4
APN
26-035.10-188
UPID
US17-0460341
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
26R-4 · Wilmington, DE
Zoning 26R-4 · permitted uses
26R-4 · Wilmington, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1938
Construction
CONCRETE
Heating
YES
Stories
3
Lot
0.03 ac
Current owner
From public records · entity-resolved
Lsn Cm&e LLC
Entity
Mailing address
404 N MARKET ST, WILMINGTON, DE 19801-3003
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2025
—
Lsn Cm&e LLC
Wilmington Neighborhood Conservancy
Deed
—
May 6, 2022
—
Wilmington Neighborhood Conservancy
Shree Omnath LLC
Deed
—
Aug 21, 2020
—
Shree Omnath LLC
D & M Castle LLC
Deed
$72,000 · Fulton Bank NA
Nov 14, 2017
$54,000
D & M Castle LLC
K & S Building LLC
Grant Deed
—
Jun 3, 2014
$150,000
K & S Building LLC
Buth,hun & Chantha
Grant Deed
—
Jan 22, 2008
$120,000
Hun Buth
So LLC
Deed
$110,000 · Asia Bank
Nov 27, 2006
$10
So LLC
Chan,
Grant Deed
$100,000 · Hsbc Bank USA
Apr 19, 2004
$10
Chan
Bhagat,vibha
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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