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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

Comparable in this City

  • 610 College

    RETAIL STORES (PERSONAL SERVICES) • 1,980 SF

    Estimated
    $134,673
    610 College
    Newark, DE
    View Details

  • 491 Harmony

    RETAIL STORES (PERSONAL SERVICES) • 3,295 SF

    Estimated
    $857,406
    491 Harmony
    Newark, DE
    View Details

  • 4 Mcintosh

    RETAIL STORES (PERSONAL SERVICES) • 2,490 SF

    Estimated
    $218,647
    4 Mcintosh
    Newark, DE
    View Details

  • 2907 Ogletown

    RETAIL STORES (PERSONAL SERVICES) • 3,299 SF

    Estimated
    $186,461
    2907 Ogletown
    Newark, DE
    View Details

  • 273 Red Ml

    RETAIL STORES (PERSONAL SERVICES) • 1,000 SF

    Estimated
    $100,914
    273 Red Ml
    Newark, DE
    View Details

  • 135 Chestnut Hl

    RETAIL STORES (PERSONAL SERVICES) • 1,421 SF

    135 Chestnut Hl
    Newark, DE
    View Details

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Similar Nearby for Lease

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    Chestnut Hill Plaza Retail Space

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    High-traffic retail space available now.

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  • For Lease
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373 Chestnut Hl, Newark, Delaware, 19713

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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.