298 ClevelandNewark, DE 19711

Property Details for 298 Cleveland

Year built

1984

Construction

STONE

Lot size

4.11 AC

Property size (Sq ft)

10,962 SF

Zone code

18BC

Property type

Retail properties

Property subtype

Auto shops

APN

18-015.00-003

APU

1801500003

• CAP approach

  CAP return

  Valuation

  6%

  $6,886,732

  6.5%

  $6,356,984

  7%

  $5,902,914

• Comparable approach

  Method

  Valuation

  Method 1

  $5,858,374

  Method 2

  $3,609,383

• Alternative Use

  Use

  Valuation

  Residential

  $5,362,354

  Hospitality

  $4,911,887

  Educational

  $4,086,632

  Medical

  $4,227,178

  Retail

  $6,356,984

Location Insight

City

Newark

County

New Castle

State

Delaware

Latitude

39.6888

Longitude

-75.7422

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $540,100
• Assessed land value
  $328,800
• Assessed value
  $868,900
• Tax year
  2023

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