185 MainNewark, DE 19711

  • Banks
  • 4,345 SF
Off market
$10,119,080 Estimated

Property Details for 185 Main

Year built
2010
Construction
BRICK
Lot size
1.01 AC
Property size (Sq ft)
4,345 SF
Zone code
18BC
Property type
Banks
APN
18-025.00-222
APU
1802500222

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $2,729,689
    6.5%
    $2,519,713
    7%
    $2,339,734

  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,322,080
    Geo Method
    $1,430,649

  • Alternative Use

    Use
    Valuation
    Residential
    $2,125,472
    Hospitality
    $1,946,921
    Educational
    $1,619,816
    Medical
    $1,675,523
    Retail
    $2,519,713
185 Main, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6779
Longitude
-75.7614
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
$23,760
$222,200
$432,600
$654,800
-
-
-
-

Comparable in this City

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  • 115 Grv

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  • 121 Main

    CONVENIENCE STORE (W/FUEL PUMP) • 1,950 SF

    Estimated
    $2,504,700
    121 Main
    Newark, DE
    View Details

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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