1364 MarrowsNewark, DE 19711

  • Retail properties
  • 20,174 SF
Off market
$1,802,295 Estimated

Property Details for 1364 Marrows

Year built
2022
Construction
STONE
Lot size
4.24 AC
Property size (Sq ft)
20,174 SF
Zone code
18BC
Property type
Retail properties
Property subtype
Auto shops
APN
18-021.00-215
APU
1802100215

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,674,050
    6.5%
    $11,699,123
    7%
    $10,863,471
  • Comparable approach

    Method
    Valuation
    Method 1
    $10,781,503
    Method 2
    $6,642,556
  • Alternative Use

    Use
    Valuation
    Residential
    $9,868,648
    Hospitality
    $9,039,629
    Educational
    $7,520,865
    Medical
    $7,779,519
    Retail
    $11,699,123
1364 Marrows, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6847
Longitude
-75.7318
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,277,500
  • Assessed land value
    $212,000
  • Assessed value
    $1,489,500
  • Tax year
    2023

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