22 AlbeNewark, DE 19702

  • Office properties
  • 1,008 SF
Off market
$218,284 Estimated

Property Details for 22 Albe

Year built
2001
Construction
CONCRETE
Lot size
1.10 AC
Property size (Sq ft)
1,008 SF
Zone code
I
Property type
Office properties
Property subtype
Other office properties
APN
09-037.00-082
APU
903700082

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $430,791
    6.5%
    $397,653
    7%
    $369,249
  • Comparable approach

    Method
    Valuation
    Method 1
    $213,770
    Method 2
    $131,705
  • Alternative Use

    Use
    Valuation
    Residential
    $493,090
    Hospitality
    $451,668
    Educational
    $375,782
    Medical
    $388,706
    Retail
    $584,550
22 Albe, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6483
Longitude
-75.7157
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $136,400
  • Assessed land value
    $44,000
  • Assessed value
    $180,400
  • Tax year
    2023

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