303 MarkusNewark, DE 19713

  • Office properties
  • 1,800 SF
Off market
$491,502 Estimated

Property Details for 303 Markus

Year built
1993
Construction
CONCRETE
Lot size
1.24 AC
Property size (Sq ft)
1,800 SF
Zone code
18MI
Property type
Office properties
Property subtype
Other office properties
APN
18-038.00-013
APU
1803800013

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $673,446
    6.5%
    $621,642
    7%
    $577,239
  • Comparable approach

    Method
    Valuation
    Method 1
    $334,256
    Method 2
    $235,188
  • Alternative Use

    Use
    Valuation
    Residential
    $770,836
    Hospitality
    $706,082
    Educational
    $587,452
    Medical
    $607,655
    Retail
    $913,814
303 Markus, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6593
Longitude
-75.7733
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $362,800
  • Assessed land value
    $43,400
  • Assessed value
    $406,200
  • Tax year
    2023
  • Tax bill
    $14,740

FAQs

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