1000 SuburbanNewark, DE 19711

  • Retail properties
  • 114,452 SF
Off market
$4,705,690 Estimated

Property Details for 1000 Suburban

Year built
2008
Construction
CONCRETE
Lot size
13.07 AC
Property size (Sq ft)
114,452 SF
Zone code
18BC
Property type
Retail properties
Property subtype
Retail space
APN
18-030.00-135
APU
1803000135

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $62,801,448
    6.5%
    $57,970,564
    7%
    $53,829,812
  • Comparable approach

    Method
    Valuation
    Method 1
    $53,435,628
    Method 2
    $37,684,832
  • Alternative Use

    Use
    Valuation
    Residential
    $48,900,340
    Hospitality
    $44,792,448
    Educational
    $37,266,792
    Medical
    $38,548,456
    Retail
    $57,970,564
1000 Suburban, Newark, Delaware

Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6692
Longitude
-75.7796
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $3,235,500
  • Assessed land value
    $653,500
  • Assessed value
    $3,889,000
  • Tax year
    2023
  • Tax bill
    $141,119

Property Visit Statistics

  • Visits by month
    42.7k
  • Visitors by month
    26.6k
  • Avg Time on site
    26 min

FAQs

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