Financial
Distress signals
Property profile

824 Market St Wilmington, DE 19801

OFF-MARKET
Retail space
Property ID
US17-0253459
23,314 SF 0.66 ac lot Built 1984
Last sale Nov 2016 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office space measuring approximately 9,763 square feet is located on Market Street and is configured to provide visibility from street-facing areas. The layout includes direct interior access to and from the building lobby and direct access to and from an outdoor plaza, with additional pedestrian entry via a mid-block walkway and the building plaza that connects Market Street and King Street. The space provides corner exposure facing King Street and is positioned to be visible to nearby

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value$7.66M
Assessed land$1.73M
Assessed improvement$5.93M
Effective rate0.53%

Value estimate

· Sep 2026
$4.21M
$3.79M – $4.63M
CAP approach$3.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$117 – $262

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
26C-4
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery12.6
Veterinary Clinic11.5
Carpet & Flooring Store10.9

Location

824 Market St Wilmington, DE 19801-3024
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
821 Madison, Wilmington, DE 19801-1437 $148,000 Dec 2023 1,848 SF
427 Tatnall, Wilmington, DE 19801-2230 $306,000 Sep 2022 1,948 SF
903 Washington, Wilmington, DE 19801 $350,000 Mar 2022 980 SF
725 King, Wilmington, DE 19801-3503 $400,000 Jan 2021 2,000 SF
809 10th, Wilmington, DE 19801-1303 $163,000 Sep 2020 966 SF
913 Orange, Wilmington, DE 19801-1603 $400,000 Nov 2018 2,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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