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491 HarmonyNewark, DE 19713

  • Retail properties
  • 3,295 SF
Off market
$857,406 Estimated

Property Details for 491 Harmony

Year built
2003
Construction
CONCRETE
Lot size
2.83 AC
Property size (Sq ft)
3,295 SF
Zone code
ST
Property type
Retail properties
Property subtype
Retail space
APN
09-023.00-052
APU
902300052

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $2,070,040
    6.5%
    $1,910,806
    7%
    $1,774,320

  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,760,932
    Geo Method
    $1,084,922

  • Alternative Use

    Use
    Valuation
    Residential
    $1,611,837
    Hospitality
    $1,476,434
    Educational
    $1,228,376
    Medical
    $1,270,621
    Retail
    $1,910,806
491 Harmony, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6837
Longitude
-75.6818
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $657,800
  • Assessed land value
    $50,800
  • Assessed value
    $708,600
  • Tax year
    2023
  • Tax bill
    $29,347

Comparable in this City

  • 373 Chestnut Hl

    RETAIL STORES (PERSONAL SERVICES) • 10,900 SF

    Estimated
    $1,097,107
    373 Chestnut Hl
    Newark, DE
    View Details

  • 610 College

    RETAIL STORES (PERSONAL SERVICES) • 1,980 SF

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

  • 135 Chestnut Hl

    RETAIL STORES (PERSONAL SERVICES) • 1,421 SF

    135 Chestnut Hl
    Newark, DE
    View Details

  • 1002 College

    RETAIL STORES (PERSONAL SERVICES) • 1,435 SF

    Estimated
    $232,078
    1002 College
    Newark, DE
    View Details

  • 820 College

    RETAIL STORES (PERSONAL SERVICES) • 2,160 SF

    Estimated
    $262,207
    820 College
    Newark, DE
    View Details

  • 101 Geoffrey

    RETAIL STORES (PERSONAL SERVICES) • 38,772 SF

    Estimated
    $2,124,397
    101 Geoffrey
    Newark, DE
    View Details

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Similar Nearby for Lease

  • For Lease
    $30.95/SF/YR

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    Prime Retail Space, High Traffic Area

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  • For Lease
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    Two prime retail spaces, Newark, DE.

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  • For Lease
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    Newark Retail Space Available

    High-traffic retail space in Christiana market.

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    View Details
  • For Lease
    $12.50/SF/YR

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  • For Lease Call for price

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491 Harmony, 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.