100 CommerceNewark, DE 19713

  • Office properties
  • 20,400 SF
For Lease

Property Details for 100 Commerce

Year built
1991
Construction
CONCRETE
Lot size
6.75 AC
Property size (Sq ft)
20,400 SF
Zone code
OR
Property type
Office properties
Property subtype
Other office properties
APN
09-033.00-013
APU
903300013

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,718,389
    6.5%
    $8,047,744
    7%
    $7,472,904
  • Comparable approach

    Method
    Valuation
    Method 1
    $4,326,303
    Method 2
    $2,665,464
  • Alternative Use

    Use
    Valuation
    Residential
    $9,979,202
    Hospitality
    $9,140,895
    Educational
    $7,605,118
    Medical
    $7,866,670
    Retail
    $11,830,183
100 Commerce, Newark, Delaware
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Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6572
Longitude
-75.7015
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,445,100
  • Assessed land value
    $454,900
  • Assessed value
    $2,900,000
  • Tax year
    2023
  • Tax bill
    $121,271

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@pro-teqsurfacing.com and they will add the team member.
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How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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