285 ClevelandNewark, DE 19711

  • Retail properties
  • 2,800 SF
Off market
$180,290 Estimated

Property Details for 285 Cleveland

Year built
1967
Construction
CONCRETE
Lot size
0.31 AC
Property size (Sq ft)
2,800 SF
Zone code
18BC
Property type
Retail properties
Property subtype
Auto shops
APN
18-015.00-008
APU
1801500008

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,759,063
    6.5%
    $1,623,751
    7%
    $1,507,768
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,496,392
    Method 2
    $921,937
  • Alternative Use

    Use
    Valuation
    Residential
    $1,369,694
    Hospitality
    $1,254,633
    Educational
    $1,043,840
    Medical
    $1,079,739
    Retail
    $1,623,751
285 Cleveland, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6867
Longitude
-75.7412
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $64,600
  • Assessed land value
    $84,400
  • Assessed value
    $149,000
  • Tax year
    2023
  • Tax bill
    $5,407

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