373 Chestnut HlNewark, DE 19713

  • Retail properties
  • 10,900 SF
Off market
$1,097,107 Estimated

Property Details for 373 Chestnut Hl

Year built
1973
Construction
CONCRETE
Lot size
1.42 AC
Property size (Sq ft)
10,900 SF
Zone code
CR
Property type
Retail properties
Property subtype
Retail space
APN
11-006.20-106
APU
1100620106

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,847,782
    6.5%
    $6,321,029
    7%
    $5,869,527
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,825,240
    Geo Method
    $3,588,969
  • Alternative Use

    Use
    Valuation
    Residential
    $5,332,024
    Hospitality
    $4,884,106
    Educational
    $4,063,519
    Medical
    $4,203,270
    Retail
    $6,321,029
373 Chestnut Hl, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.662
Longitude
-75.727
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $527,700
  • Assessed land value
    $379,000
  • Assessed value
    $906,700
  • Tax year
    2023
  • Tax bill
    $37,916

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