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    Property profile & analytics

    7411 Lancaster Pike Hockessin, DE 19707-9272

    • Strip malls
    • 7,488 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Last Sale
    Feb 10, 2021
    Location Intelligence
    Property ID
    US17-0279953
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wild Birds Unlimited / Hobby Store

    Property Details for 7411 Lancaster Pike

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    1.39 lot acres
    Property size
    7,488 SF
    Zone code
    CR
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    08-007.40-043
    APU
    800740043

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $680,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $625,000
      Geo Method
      $635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $780,000
      Retail
      $660,000
      Mixed-Use
      $760,000
      Hospitality
      $775,000
      Educational
      $745,000
      Residential Income
      $630,000
      Energy
      $630,000
      Income-Based Land
      $615,000
      Food Service
      $800,000

    Location Insight

    • Map
    • Local Demand
    City
    Hockessin
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6957
    Latitude
    39.7891
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,908
    $181,600
    $330,800
    $512,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,425,000
      26,240 SF

      707 Ace Memorial Dr

      SHOPPING CENTER, STRIP CENTER • 26,240 SF
      707 Ace Memorial Dr, Hockessin, DE 19707-1037
      View Details
    • Value Estimation
      $580,000
      9,228 SF

      7460 Lancaster Pike

      SHOPPING CENTER, STRIP CENTER • 9,228 SF
      7460 Lancaster Pike, Hockessin, DE 19707-9294
      View Details
    • Value Estimation
      $400,000
      8,917 SF

      7175 Lancaster Pike

      SHOPPING CENTER, STRIP CENTER • 8,917 SF
      7175 Lancaster Pike, Hockessin, DE 19707
      View Details
    • Value Estimation
      $675,000
      18,675 SF

      683 Yorklyn Rd

      SHOPPING CENTER, STRIP CENTER • 18,675 SF
      683 Yorklyn Rd, Hockessin, DE 19707-9774
      View Details
    • Value Estimation
      $420,000
      6,960 SF

      6280 Limestone Rd

      SHOPPING CENTER, STRIP CENTER • 6,960 SF
      6280 Limestone Rd, Hockessin, DE 19707-9738
      View Details
    • Value Estimation by Request
      13,680 SF

      100 Fitness Way

      GYM, HEALTH SPA • 13,680 SF
      100 Fitness Way, Hockessin, DE 19707-2423
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lantana Square Retail Opportunity

      Prime retail spaces in a dynamic, convenient shopping center.
      136 Lantana Dr, Hockessin, DE 19707
      View Details
    • $200,000
      2,040 SF

      Established Restaurant Business Opportunity

      Well-known restaurant for sale in Hockessin, Delaware.
      Hockessin, DE 19707
      View Details
    • $997,000

      Hockessin Specialty Property For Sale

      Specialty property available for purchase in Hockessin, Delaware.
      12 Foxview Cir, Hockessin, DE 19707
      View Details
    • $425,000

      Hockessin Specialty Property For Sale

      Specialty property available for purchase in Hockessin, Delaware.
      1131 Valley Rd, Hockessin, DE 19707
      View Details
    • $549,900

      Hockessin Specialty Property For Sale

      Specialty property available in Hockessin, Delaware.
      108 Evanson Rd, Hockessin, DE 19707
      View Details
    • $519,900

      Hockessin Specialty Property For Sale

      Specialty property available in Hockessin, Delaware.
      713 Old Wilmington Rd, Hockessin, DE 19707
      View Details

    Similar Nearby for Lease

    • $200,000
      5,400 SF

      Retail Space in Wellington Plaza

      5,400 SF retail space in North Hockessin, Delaware.
      701-723 Ace Memorial Dr, Hockessin, DE 19707
      View Details
    • Contact for pricing
      11,700 SF

      Retail Space in Hockessin Center

      Retail property with up to 20,000 SF available for rent.
      120-324 Lantana Dr, Hockessin, DE 19707
      View Details
    • $25 SF/Yr
      4,000 SF

      Hockessin Retail Space For Rent

      Prime retail space in Hockessin Crossing Shopping Center.
      7465 Lancaster Pike, Hockessin, DE 19707
      View Details
    • $22 SF/Yr
      1,420 SF

      Retail Space on Lancaster Pike

      Prime retail space in Hockessin with high visibility.
      7209 Lancaster Pike, Hockessin, DE 19707
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Hockessin, DE

      Retail space available for rent in Hockessin, Delaware.
      646 Yorklyn Rd, Hockessin, DE 19707
      View Details
    • $2,200 /Mo
      1,400 SF

      Charming Townhome in Mendenhall Village

      Stylish 2-bedroom townhome with modern amenities and community features.
      805 Stockbridge Dr, Hockessin, DE 19707
      View Details
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    Hockessin, DE 19707-9272
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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