5818 KennettWilmington, DE 19807

  • Auto shops
  • 2,328 SF
Off market
$16,330,690 Estimated

Property Details for 5818 Kennett

Year built
1950
Construction
CONCRETE
Lot size
1.63 AC
Property size (Sq ft)
2,328 SF
Zone code
ON
Property type
Auto shops
APN
07-007.00-007
APU
700700007

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $1,125,720
    6.5%
    $1,039,120
    7%
    $964,900

  • Comparable approach

    Method
    Valuation
    Relative Method
    $513,456
    Geo Method
    $316,344

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,012,320
    Mixed-Use / Specialty
    $1,041,100
    Hospitality / Lodging
    $771,228
    Office
    $1,040,840
    Institutional / Educational
    $1,084,360
    Residential Income
    $1,268,700
    Multifamily
    $1,490,090
    Automotive / Energy
    $929,452
    Parking / Income-Based Land
    $315,125
    Restaurant / Food Service
    $553,621
    Healthcare / Senior Housing
    $1,061,800

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.8229
Longitude
-75.6186
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
-
$57,100
$111,100
$168,200
-
-
-
-

Comparable in this City

  • 2000 Dean

    AUTO REPAIR, GARAGE • 4,000 SF

    2000 Dean
    Wilmington, DE
    View Details

  • 5814 Kennett

    PARKING LOT • 0.40 AC

    Estimated
    $4,007,520
    5814 Kennett
    Wilmington, DE
    View Details

  • 3800 Kennett

    RETAIL STORES (PERSONAL SERVICES) • 1,680 SF

    Estimated
    $3,907,240
    3800 Kennett
    Wilmington, DE
    View Details

  • 4007 Kennett

    RETAIL STORES (PERSONAL SERVICES) • 28,460 SF

    Estimated
    $38,472,100
    4007 Kennett
    Wilmington, DE
    View Details

  • 3908 Kennett

    FINANCIAL BUILDING • 4,185 SF

    Estimated
    $8,315,650
    3908 Kennett
    Wilmington, DE
    View Details

  • 101 Dupont

    RESTAURANT • 2,400 SF

    Estimated
    $20,338,210
    101 Dupont
    Wilmington, DE
    View Details

Similar Nearby for Lease

  • For Lease Call for price

    Greenville Retail Space For Lease

    Prime Greenville location, 3,776 sq ft retail space.

    3801 Kennett Pike
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    View Details
  • For Lease
    $17/SF/YR

    Montchanin Mills Office Space

    Historic Delaware Office Suites Available

    100 Rockland Rd
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  • For Lease Call for price

    Wilmington Office Space for Lease

    Prime Wilmington Office, High Visibility

    5811 Kennett Pike
    Wilmington, DE
    View Details

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Kennett
Wilmington, DE 19807

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Wilmington, DE 19807

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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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