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1302 Old LancasterHockessin, DE 19707

  • Office properties
  • 2,000 SF
Off market
$389,862 Estimated

Property Details for 1302 Old Lancaster

Year built
1993
Construction
CONCRETE
Lot size
0.73 AC
Property size (Sq ft)
2,000 SF
Zone code
CN
Property type
Office properties
Property subtype
Other office properties
APN
08-007.40-071
APU
800740071

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $854,744
    6.5%
    $788,994
    7%
    $732,638

  • Comparable approach

    Method
    Valuation
    Relative Method
    $424,147
    Geo Method
    $261,320

  • Alternative Use

    Use
    Valuation
    Residential
    $978,353
    Hospitality
    $896,166
    Educational
    $745,600
    Medical
    $771,242
    Retail
    $1,159,822
1302 Old Lancaster, Hockessin, Delaware

Location Insight

City
Hockessin
County
New Castle
State
Delaware
Latitude
39.788
Longitude
-75.6981
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $248,000
  • Assessed land value
    $74,200
  • Assessed value
    $322,200
  • Tax year
    2023
  • Tax bill
    $10,632

Comparable in this City

  • 6300 Limestone

    OFFICE (GENERAL) • 7,986 SF

    Estimated
    $471,295
    6300 Limestone
    Hockessin, DE
    View Details

  • 7259 Lancaster

    OFFICE (GENERAL) • 21,511 SF

    Estimated
    $3,062,631
    7259 Lancaster
    Hockessin, DE
    View Details

  • 4340 Ml Crk

    OFFICE (GENERAL) • 520 SF

    Estimated
    $96,195
    4340 Ml Crk
    Hockessin, DE
    View Details

  • 660 Yorklyn

    OFFICE (GENERAL) • 8,128 SF

    Estimated
    $681,835
    660 Yorklyn
    Hockessin, DE
    View Details

  • 825 Loveville

    OFFICE (GENERAL) • 2,088 SF

    Estimated
    $8,686,106
    825 Loveville
    Hockessin, DE
    View Details

  • 1214 Old Lancaster

    OFFICE (GENERAL) • 896 SF

    Estimated
    $71,027
    1214 Old Lancaster
    Hockessin, DE
    View Details

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    $2,300,000

    Hockessin Office Building For Sale

    Prime Hockessin office, 11,278 sq ft, 5 units.

    660 Yorklyn Rd
    Hockessin, DE
    View Details
  • For Sale
    $245,000

    Hockessin Restaurant - Turnkey Opportunity

    Established Japanese Restaurant, Delaware. Great potential!

    703 Ace Memorial Dr
    Hockessin, DE
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    $5,779,500

    High-Yield Walgreens Investment

    Delaware Drug Store, Net Lease, 8% Cap Rate

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1302 Old Lancaster, Hockessin, Delaware, 19707

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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.