Commercial Real Estate in Wilmington | Reonomy

Commercial Real Estate in Wilmington

Unlock property data on 22,790 commercial properties in Wilmington. Search through Wilmington property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Wilmington commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Delaware Wilmington
Average price/sqft $908 $3,438 $5,658
Average sold price $1,082,211 $525,089 $714,617
Median sold price $198,569 $294,710 $155,733
Number of sales 2,792,236 12,001 1,363
Number of sales over $250k 1,189,680 6,969 446
Number of sales over $1m 269,060 908 73
Number of sales over $10m 36,917 39 28
Average total tax amount $7,139 $2,059 $9,071
Average assessed value $251,540 $62,770 $277,907
Average market value $356,178 $65,910 $277,907

Wilmington commercial real estate property averages

Property averages United States Delaware Wilmington
Average lot size -- 313,555 sf 50,318 sf
Median lot size -- 12,669 sf 3,048 sf
Average building area -- 194 sf 94 sf
Median building area -- 107 sf 73 sf
Median year built -- 1975 1926
Average number of units -- 12 12
Median number of units -- 2 2

Wilmington commercial real estate total supply

Supply United States Delaware Wilmington
Number of parcels 58,466,290 168,227 22,896
Aggregate lot acerage -- 710,715 19,205
Aggregate building area -- 4,315,777 sf 585,787 sf
Aggregate units -- 160,905 98,688

Wilmington commercial real estate industrial mortgages

Debt United States Delaware Wilmington
Number of mortgages -- 188,758 55,088
Average value of mortgages -- $7,168,716 $4,832,128

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