Entity Owned Property summary
This exceptional 49-unit multifamily property, located at 704 N Market St in Wilmington, Delaware, presents a compelling investment opportunity. The 42,706 square foot, three-story building, constructed in 1900, boasts a prime location in the Central Business District, surrounded by thriving restaurants, retail, and office spaces. Recently renovated, the property features 37,706 square feet of residential space, currently configured as student housing, and an additional 5,000 square feet of… ground-floor retail space facing N. Market Street. The building's versatile design allows for continued use as student housing or conversion into apartments or a hotel. The residential units include modern tile bathrooms with shower stalls, kitchenettes with sinks, and new electric mini-split HVAC systems. Common areas include an atrium dining area, a small office, cafeteria, commercial kitchen, and laundry room. The unfinished basement provides ample storage. The property sits on a 0.29-acre lot and is zoned C-3 Central Retail, offering significant flexibility. Over $1.4 million was invested in 2022 in a new HVAC system. This property offers a rare blend of established income and significant upside potential, making it an ideal addition to any investment portfolio. The asking price is $4,500,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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
Value estimate
· Sep 2026Realmo valuation models over county records and 30 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 recorded sales · 18 properties nearbyComparable nearby
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.
from $99/month
- GBA
- 6,584 SF
- Lot area
- 0.16 ac
- Year built
- 1920
- Stories
- 2
- APN
- 26-035.40-041
- Zoning
- 26C-3
- Assessed value · 2023
- $1,232,200
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 any signals we can model, to 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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