Entity Owned Property summary
AI-generated overview
A historic waterfront commercial space located in Delaware City, Delaware, comprising approximately 1,300 sq ft of primarily open interior area configured for retail, office, or light flex use. The space includes original wood floors and high ceilings, an ADA-compliant full bathroom, and a kitchen sink area with cabinets. Rear access is provided via loading from a patio. The building presents a waterfront setting within the Delaware City waterfront area, in proximity to Battery Park, Fort DuPont, Fort Delaware & Ferry, Branch Canal, and the Delaware River, and it offers convenient regional access to Route 9, Route 1, and I-95 for north–south travel.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1899
Construction
CONCRETE
Total area
2,400 SF
Lot
0.15 ac (6,534 SF)
Zoning code
22C-1
APN
22-007.00-122
UPID
US17-0251148
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$375k
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$305k
Owner & transaction history
since 2022
7 recorded transactions
Zoning & alternative use
22C-1 · Delaware City, DE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$305k
Value range
$275k – $336k
±10% around blend
Estimated value / SF
$127 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$275k
blend $305k
$336k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,400 SF
Lot area
0.15 ac
Year built
1899
Stories
3
APN
22-007.00-122
Zoning
22C-1
Assessed value
$102,200
Annual tax
$2,865
3
Income approach: direct capitalization
Partial preview
Income approach indication
$375k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$410k
@ 6.5% CAP return
$375k
@ 7% CAP return
$350k
4
Sales comparison
Partial preview
Sales approach indication
$449k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.3 mi away · 2,888 SF
18.9 mi away · 3,026 SF
19.4 mi away · 2,526 SF
20.4 mi away · 2,970 SF
20.5 mi away · 2,768 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$305k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 109 sales
$280
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $127/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.00%
Implied, in-place cap rate for this retail residential properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.00%
9.0%
NOI (est.)
$7k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$89k
Move the market yield to see immediate price impact.
Value / SF
$37
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.50%8.00%8.50%
$6k
$86k
$80k
$76k
$7k
$95k
$89k
$84k
$8k
$105k
$98k
$93k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$305k
5.8 mi · Dec 2025 · $136/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,865
Tax year 2023
Assessed value
$102,200
Assessed 2023
Previous assessed
$102,200
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$12,400
Assessed improvement
$89,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1899
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
3
Total area
2,400 SF
Lot
0.15 ac (6,534 SF)
Zoning code
22C-1
APN
22-007.00-122
UPID
US17-0251148
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
22C-1 · Delaware City, DEZoning 22C-1 · permitted uses
22C-1 · Delaware City, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1899
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
3
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
22C-1
Jurisdiction
Delaware City, DE
Recorded code
22C-1
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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