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1204 CentervilleWilmington, DE 19808

  • Office properties
  • 5,874 SF
Off market
$552,123 Estimated

Property Details for 1204 Centerville

Year built
1950
Construction
CONCRETE
Lot size
2.51 AC
Property size (Sq ft)
5,874 SF
Zone code
CR
Property type
Office properties
Property subtype
Other office properties
APN
07-037.40-194
APU
703740194

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $2,510,383
    6.5%
    $2,317,277
    7%
    $2,151,757

  • Comparable approach

    Method
    Valuation
    Method 1
    $1,245,721
    Method 2
    $767,497

  • Alternative Use

    Use
    Valuation
    Residential
    $2,873,423
    Hospitality
    $2,632,040
    Educational
    $2,189,826
    Medical
    $2,265,138
    Retail
    $3,406,397
1204 Centerville, Wilmington, Delaware

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7316
Longitude
-75.62
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $305,700
  • Assessed land value
    $150,600
  • Assessed value
    $456,300
  • Tax year
    2023
  • Tax bill
    $15,057

Comparable in this City

  • 1819 Newport Gap

    OFFICE (GENERAL) • 1,064 SF

    Estimated
    $64,372
    1819 Newport Gap
    Wilmington, DE
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  • 1800 Newport Gap

    OFFICE (GENERAL) • 876 SF

    Estimated
    $103,455
    1800 Newport Gap
    Wilmington, DE
    View Details

  • 2038 Telegraph

    OFFICE (GENERAL) • 8,200 SF

    Estimated
    $245,751
    2038 Telegraph
    Wilmington, DE
    View Details

  • 1001 Greenbank

    OFFICE (GENERAL) • 1,087 SF

    Estimated
    $145,563
    1001 Greenbank
    Wilmington, DE
    View Details

  • 710 Greenbank

    OFFICE (GENERAL) • 2,807 SF

    Estimated
    $256,762
    710 Greenbank
    Wilmington, DE
    View Details

  • 300 Century

    OFFICE (GENERAL) • 4,109 SF

    Estimated
    $1,063,469
    300 Century
    Wilmington, DE
    View Details

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1204 Centerville, Wilmington, Delaware, 19808

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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.