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.

To access full information start a free trial

Wilmington commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Wilmington is $236,992. Commercial real estate sale prices in Wilmington have a median of $160,101. The last 24 months of sales history has seen 1,683 sales, with 516 sales greater than $250,000, 85 sales valued at over $1,000,000, and 24 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 $1,378 $169 $122
Median price/sqft $115 $144 $103
Average sold price $1,165,701 $614,139 $645,849
Median sold price $191,585 $292,612 $160,101
Number of sales 3,792,555 15,851 1,683
Number of sales over $250k 1,582,899 9,062 516
Number of sales over $1m 382,306 1,309 85
Number of sales over $10m 56,895 96 24
Average total tax amount $5,903 $2,725 $6,071
Average assessed value $273,876 $110,838 $236,992
Average market value $321,121 $22,419 --

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 819,005 sf 318,452 sf 50,308 sf
Median lot size 24,647 sf 12,759 sf 3,049 sf
Average building area 1,154 sf 199 sf 91 sf
Median building area 73 sf 101 sf 70 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 22,739 commercial real estate properties in Wilmington. This is 151% below the Delaware average. The total acerage is 19,134 acres and the aggregate building area for commercial real estate properties in Wilmington is 556,393 sf.

Supply United States Delaware Wilmington
Number of parcels 57,284,908 166,190 22,739
Aggregate lot acerage 883,443,165 700,595 19,134
Aggregate building area 8,000,125,404 sf 4,005,727 sf 556,393 sf
Aggregate units 87,885,529 161,417 99,511

Wilmington commercial real estate industrial mortgages

There are 51,396 mortgages for commercial real estate properties across Wilmington in the Reonomy database. The average value of those mortgages is $5,144,505. This is 35% below the Delaware average.

Debt United States Delaware Wilmington
Number of mortgages 38,424,679 170,378 51,396
Average value of mortgages $5,273,949 $7,338,670 $5,144,505

To access full information start a free trial