Commercial real estate in Wilmington

Search commercial real estate records in Wilmington to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Wilmington commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Wilmington

Reonomy operates the most comprehensive database for Wilmington Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Wilmington commercial real estate professionals. Members from Wilmington include brokers, investors and service providers, many of whom specialize in Wilmington Commercial Real Estate.

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Wilmington commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Wilmington is $237,618. Commercial real estate sale prices in Wilmington have a median of $160,314. The last 24 months of sales history has seen 1,776 sales, with 557 sales greater than $250,000, 85 sales valued at over $1,000,000, and 21 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Wilmington over the last 24 months is $103.

Values and sold prices (last 24 months) United States Delaware Wilmington
Average price/sqft $1,441 $171 $123
Median price/sqft $116 $144 $103
Average sold price $1,152,438 $599,921 $590,880
Median sold price $194,564 $295,552 $160,314
Number of sales 3,865,677 16,489 1,776
Number of sales over $250k 1,626,715 9,527 557
Number of sales over $1m 387,539 1,304 85
Number of sales over $10m 57,686 99 21
Average total tax amount $5,994 $2,782 $5,976
Average assessed value $308,174 $114,022 $237,618
Average market value $389,453 $60,978 $3,519

Wilmington commercial real estate property averages

The average lot size of commercial real estate properties in Wilmington is 3,049 sf. This is 122% below the Delaware average.

Property averages United States Delaware Wilmington
Average lot size 818,765 sf 317,742 sf 50,289 sf
Median lot size 24,579 sf 12,780 sf 3,049 sf
Average building area 1,144 sf 199 sf 92 sf
Median building area 74 sf 101 sf 71 sf
Median year built 1970 1974 1926
Average number of units 16 12 12
Median number of units 2 2 2

Wilmington commercial real estate total supply

There are 22,745 commercial real estate properties in Wilmington. This is 151% below the Delaware average. The total acerage is 19,128 acres and the aggregate building area for commercial real estate properties in Wilmington is 555,936 sf.

Supply United States Delaware Wilmington
Number of parcels 57,574,886 166,192 22,745
Aggregate lot acerage 902,766,583 704,249 19,128
Aggregate building area 8,065,472,233 sf 3,999,828 sf 555,936 sf
Aggregate units 87,857,161 161,702 100,096

Wilmington commercial real estate industrial mortgages

There are 54,070 mortgages for commercial real estate properties across Wilmington in the Reonomy database. The average value of those mortgages is $5,151,767. This is 33% below the Delaware average.

Debt United States Delaware Wilmington
Number of mortgages 40,017,581 179,225 54,070
Average value of mortgages $5,225,025 $7,230,402 $5,151,767

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