353 ClevelandNewark, DE 19711

  • Gas stations
  • 3,345 SF
Off market
$3,907,240 Estimated

Property Details for 353 Cleveland

Year built
2014
Construction
CONCRETE
Lot size
0.39 AC
Property size (Sq ft)
3,345 SF
Zone code
18BC
Property type
Gas stations
APN
18-015.00-013
APU
1801500013

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,617,490
    6.5%
    $1,493,070
    7%
    $1,386,420
  • Comparable approach

    Method
    Valuation
    Relative Method
    $737,762
    Geo Method
    $454,540
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,891,410
    Mixed-Use / Specialty
    $1,495,920
    Hospitality / Lodging
    $1,108,140
    Office
    $1,495,540
    Institutional / Educational
    $1,558,070
    Residential Income
    $1,822,940
    Multifamily
    $2,141,050
    Automotive / Energy
    $1,335,490
    Parking / Income-Based Land
    $452,789
    Restaurant / Food Service
    $795,474
    Healthcare / Senior Housing
    $1,525,660

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6865
Longitude
-75.7389
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,236
$78,100
$204,000
$282,100
-
-
-
-

FAQs

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