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 $909 $3,582 $5,800
Average sold price $1,037,796 $575,486 $709,941
Median sold price $196,968 $295,484 $156,530
Number of sales 3,594,235 15,110 1,710
Number of sales over $250k 1,522,457 8,778 557
Number of sales over $1m 344,082 1,230 98
Number of sales over $10m 46,755 98 33
Average total tax amount $7,065 $2,065 $8,681
Average assessed value $252,208 $82,259 $268,983
Average market value $356,366 $104,493 $268,983

Wilmington commercial real estate property averages

Property averages United States Delaware Wilmington
Average lot size 816,546 sf 313,393 sf 50,315 sf
Median lot size 24,481 sf 12,668 sf 3,049 sf
Average building area 1,078 sf 194 sf 94 sf
Median building area 77 sf 107 sf 73 sf
Median year built 1970 1975 1926
Average number of units 16 12 12
Median number of units 2 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 1,006,250,046 710,917 19,258
Aggregate building area 8,055,341,670 sf 4,316,232 sf 586,054 sf
Aggregate units 90,014,181 161,715 99,486

Wilmington commercial real estate industrial mortgages

Debt United States Delaware Wilmington
Number of mortgages 41,925,990 188,885 55,164
Average value of mortgages $5,197,811 $7,163,974 $4,825,777

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