2038 FoulkWilmington, DE 19810

Off market
$36,368,290 Estimated
  • Turn key restaurants
  • 6,606 SF

Property Details for 2038 Foulk

Year built
1920
Construction
CONCRETE
Lot size
3.63 AC
Property size (Sq ft)
6,606 SF
Zone code
CN
Property type
Turn key restaurants
APN
06-043.00-207
APU
604300207

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,150,132
    6.5%
    $3,830,892
    7%
    $3,557,256
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,530,416
    Geo Method
    $2,175,113
  • Alternative Use

    Use
    Valuation
    Residential
    $3,231,500
    Hospitality
    $2,960,037
    Educational
    $2,462,716
    Medical
    $2,547,412
    Retail
    $3,830,892
2038 Foulk, Wilmington, Delaware

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.8159
Longitude
-75.5072
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
$46,957
$223,900
$1,110,700
$1,334,600
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