1925 LancasterWilmington, DE 19805

  • Retail properties
  • 2,494 SF
Off market
$2,404,420 Estimated

Property Details for 1925 Lancaster

Year built
1986
Construction
CONCRETE
Lot size
0.24 AC
Property size (Sq ft)
2,494 SF
Zone code
26C-2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
26-026.40-123
APU
2602640123

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $1,566,823
    6.5%
    $1,446,298
    7%
    $1,342,991

  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,332,858
    Geo Method
    $821,182

  • Alternative Use

    Use
    Valuation
    Residential
    $1,220,006
    Hospitality
    $1,117,519
    Educational
    $929,763
    Medical
    $961,739
    Retail
    $1,446,298
1925 Lancaster, Wilmington, Delaware

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7469
Longitude
-75.5742
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
$7,770
$83,600
$201,600
$285,200
-
-
-
-

Comparable in this City

  • 2202 Kirkwood

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,425 SF

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    DRIVE-THRU RESTAURANT, FAST FOOD • 3,528 SF

    Estimated
    $4,608,740
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  • 2121 Kirkwood

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,993 SF

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  • 1901 4th

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    Estimated
    $1,703,150
    1901 4th
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  • 1835 4th

    RESTAURANT • 1,735 SF

    Estimated
    $400,660
    1835 4th
    Wilmington, DE
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  • 603 Lincoln

    RESTAURANT • 1,144 SF

    Estimated
    $400,660
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    Wilmington, DE
    View Details

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  • For Lease
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  • For Lease Call for price

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Property Visit Statistics

  • Visits by month
    1.2k
  • Visitors by month
    994
  • Avg Time on site
    21 min

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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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