1001 NewportWilmington, DE 19804

  • Bowling alleys
  • 21,816 SF
Off market

Property Details for 1001 Newport

Year built
1983
Construction
CONCRETE
Lot size
5.20 AC
Property size (Sq ft)
21,816 SF
Zone code
CN
Property type
Bowling alleys
APN
07-046.20-077
APU
704620077

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $5,620,400
    6.5%
    $5,188,060
    7%
    $4,817,480

  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,516,220
    Geo Method
    $2,166,360

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $18,857,700
    Retail / Commercial
    $9,737,760
    Mixed-Use / Specialty
    $9,756,330
    Hospitality / Lodging
    $7,227,280
    Office
    $9,753,860
    Institutional / Educational
    $10,161,700
    Residential Income
    $11,889,200
    Multifamily
    $13,963,800
    Automotive / Energy
    $8,710,020
    Parking / Income-Based Land
    $2,953,080
    Restaurant / Food Service
    $5,188,060
    Healthcare / Senior Housing
    $9,950,290

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7153
Longitude
-75.62
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
$19,670
$181,900
$414,200
$596,100
-
-
-
-

Comparable in this City

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  • 1110 Newport Gap

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    Estimated
    $3,205,970
    1110 Newport Gap
    Wilmington, DE
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  • 1600 Newport

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    1600 Newport
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  • 234 James

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  • 106 Marshall

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    Estimated
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    106 Marshall
    Wilmington, DE
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  • 2111 Newport

    COMMERCIAL (GENERAL) • 4.81 AC

    Estimated
    $48,190,520
    2111 Newport
    Wilmington, DE
    View Details

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Newport
Wilmington, DE 19804

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Wilmington, DE 19804

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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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