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Property profile & analytics
OFF-MARKET
Theaters & concert halls
818 Market St Wilmington, DE 19801-3087
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US17-0202302
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1899
Construction
BRICK
Total area
5,410 SF
Lot
0.45 ac (19,602 SF)
Zoning code
26C-3
APN
26-035.20-108
UPID
US17-0202302
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
Current use
Occupant on record · Public records
-
NüPOINT Marketing Advertising Agency Marketing & Advertising
-
Baby Grand Theater & Performing Art Venue Music Venue
-
First State Ballet Theatre Training Center
-
Scottish Rite of De Volunteer Organization Community Center
-
Grand Dryer Vent Cleaning Services Wilmington, DE Volunteer Organization Community Center
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
Grand Opere House INC · 1 yrs held
Grand Opere House INC
since 2024
3 recorded transactions
Zoning & alternative use
26C-3 · 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
$1,638,800
Assessed 2023
Previous assessed
$1,638,800
+0.0% YoY
Assessed land
$784,100
Assessed improvement
$854,700
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1899
Construction
BRICK
Heating
YES
Cooling
YES
Buildings
3
Stories
4
Total area
5,410 SF
Lot
0.45 ac (19,602 SF)
Zoning code
26C-3
APN
26-035.20-108
UPID
US17-0202302
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
26C-3 · Wilmington, DE
Zoning 26C-3 · permitted uses
26C-3 · 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
1899
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
4
Buildings
3
Lot
0.45 ac
Current owner
From public records · entity-resolved
Grand Opere House INC
Entity
Mailing address
818 NMARKET ST, WILMINGTON, DE 19801
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
—
Grand Opere House INC
—
Deed
related
$1,000,000 · Artisans Bank
Oct 6, 2021
—
Grand Opera House INC
—
Deed
related
$330,000 · Artisans Bank
Jun 4, 2018
—
Grand Opera House INC
—
Deed
related
$500,000 · Artisans Bank
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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