2309 Red LionBear, DE 19701

  • Retail properties
  • 1,600 SF
Off market
$99,099 Estimated

Property Details for 2309 Red Lion

Year built
1998
Construction
CONCRETE
Lot size
1.10 AC
Property size (Sq ft)
1,600 SF
Zone code
NC21
Property type
Retail properties
Property subtype
Auto shops
APN
11-043.00-058
APU
1104300058

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,005,179
    6.5%
    $927,858
    7%
    $861,582
  • Comparable approach

    Method
    Valuation
    Relative Method
    $855,081
    Geo Method
    $526,821
  • Alternative Use

    Use
    Valuation
    Residential
    $782,682
    Hospitality
    $716,933
    Educational
    $596,480
    Medical
    $616,994
    Retail
    $927,858
2309 Red Lion, Bear, Delaware

Location Insight

City
Bear
County
New Castle
State
Delaware
Latitude
39.5744
Longitude
-75.6951
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $68,700
  • Assessed land value
    $13,200
  • Assessed value
    $81,900
  • Tax year
    2023
  • Tax bill
    $2,509

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