1 UnWilmington, DE 19805

  • Parking lots & garages
  • 3,000 SF
Off market
$701,270 Estimated

Property Details for 1 Un

Lot size
0.07 AC
Property size (Sq ft)
3,000 SF
Zone code
26C-2
Property type
Parking lots & garages
APN
26-026.40-048
APU
2602640048

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $1,450,670
    6.5%
    $1,339,080
    7%
    $1,243,430

  • Comparable approach

    Method
    Valuation
    Relative Method
    $661,670
    Geo Method
    $407,659

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,593,190
    Mixed-Use / Specialty
    $1,341,630
    Hospitality / Lodging
    $993,850
    Office
    $1,341,290
    Institutional / Educational
    $1,397,370
    Residential Income
    $1,634,930
    Multifamily
    $1,920,220
    Automotive / Energy
    $1,197,750
    Parking / Income-Based Land
    $406,089
    Restaurant / Food Service
    $713,430
    Healthcare / Senior Housing
    $1,368,300

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7468
Longitude
-75.575
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
$902
$30,500
$2,600
$33,100
-
-
-
-

Comparable in this City

  • 1911 Chestnut

    PARKING GARAGE, PARKING STRUCTURE • 2,717 SF

    Estimated
    $4,308,130
    1911 Chestnut
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  • 617 Lowr Beech

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    Estimated
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    617 Lowr Beech
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    View Details

  • 2310 4th

    PARKING LOT • 5,330 SF

    Estimated
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  • 1117 Pasture

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    Estimated
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    Wilmington, DE
    View Details

  • 1801 11th

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    Estimated
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    1801 11th
    Wilmington, DE
    View Details

  • 1002 Un

    PARKING LOT • 1,307 SF

    Estimated
    $300,610
    1002 Un
    Wilmington, 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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