120 SongsmithNewark, DE 19702

  • Retail properties
  • 6,000 SF
Off market
$263,296 Estimated

Property Details for 120 Songsmith

Year built
1987
Construction
CONCRETE
Lot size
0.63 AC
Property size (Sq ft)
6,000 SF
Zone code
NCPUD
Property type
Retail properties
Property subtype
Retail space
APN
10-033.30-025
APU
1003330025

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,769,421
    6.5%
    $3,479,466
    7%
    $3,230,932
  • Comparable approach

    Method
    Valuation
    Method 1
    $3,206,554
    Method 2
    $1,975,579
  • Alternative Use

    Use
    Valuation
    Residential
    $2,935,060
    Hospitality
    $2,688,499
    Educational
    $2,236,799
    Medical
    $2,313,726
    Retail
    $3,479,466
120 Songsmith, Newark, Delaware
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Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6422
Longitude
-75.6639
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $176,600
  • Assessed land value
    $41,000
  • Assessed value
    $217,600
  • Tax year
    2023
  • Tax bill
    $9,400

FAQs

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