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5209 ConcordWilmington, DE 19803

  • Hospitality properties
  • 19,500 SF
Off market
$1,890,746 Estimated

Property Details for 5209 Concord

Year built
1960
Construction
CONCRETE
Lot size
1.97 AC
Property size (Sq ft)
19,500 SF
Zone code
CR
Property type
Hospitality properties
Property subtype
Motels
APN
06-020.00-296
APU
602000296

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $9,465,756
    6.5%
    $8,737,621
    7%
    $8,113,505

  • Comparable approach

    Method
    Valuation
    Method 1
    $9,718,276
    Method 2
    $5,987,494

  • Alternative Use

    Use
    Valuation
    Residential
    $9,538,943
    Hospitality
    $8,737,621
    Educational
    $7,269,598
    Medical
    $7,519,610
    Retail
    $11,308,263
5209 Concord, Wilmington, Delaware

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.8279
Longitude
-75.5433
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $940,500
  • Assessed land value
    $622,100
  • Assessed value
    $1,562,600
  • Tax year
    2023
  • Tax bill
    $54,979

Comparable in this City

  • 1807 Concord

    MOTEL • 13,625 SF

    Estimated
    $1,300,508
    1807 Concord
    Wilmington, DE
    View Details

  • 1807 Concord

    MOTEL • 6,683 SF

    Estimated
    $987,844
    1807 Concord
    Wilmington, DE
    View Details

  • 300 Rocky Run

    HOTEL-RESORT • 14,984 SF

    Estimated
    $5,001,898
    300 Rocky Run
    Wilmington, DE
    View Details

  • 350 Rocky Run

    HOTEL • 27,006 SF

    Estimated
    $4,814,832
    350 Rocky Run
    Wilmington, DE
    View Details

  • 4727 Concord

    HOTEL • 2,523 SF

    Estimated
    $10,132,177
    4727 Concord
    Wilmington, DE
    View Details

  • 1 Limousine

    AUTO REPAIR, GARAGE • 6,000 SF

    Estimated
    $142,780
    1 Limousine
    Wilmington, DE
    View Details

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  • For Sale Call for price

    Wilmington Retail Spaces Available

    High-visibility retail & office spaces. Multiple sizes.

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  • For Sale Call for price

    Heald Street Warehouse - Wilmington, DE

    133,620 SF Warehouse, 11 Acres, 30 Docks

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  • For Sale
    $10,200,000

    Wilmington Retail Investment Opportunity

    High-Yield Wawa & WSFS Bank Property

    1700 Rocky Run Pkwy
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    $350,000

    Ulysses Gastro Pub: Turnkey Opportunity

    Profitable Delaware Restaurant, Fully Equipped

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    Wilmington, DE
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Similar Nearby for Lease

  • For Lease Call for price

    Wilmington Industrial Property For Sale

    133,620 SF Industrial Building, 11 Acres

    1101 Heald St
    Wilmington, DE
    View Details
  • For Lease
    $18/SF/YR

    Fairfax Office Space For Lease

    730 SF Office, Ample Parking, Delaware

    2115 Concord Pike
    Wilmington, DE
    View Details
  • For Lease
    $32/SF/YR

    Wilmington Restaurant - Turnkey Opportunity

    Free-standing restaurant, full bar & kitchen, high traffic location.

    307 Rocky Run Pkwy
    Wilmington, DE
    View Details
  • For Lease Call for price

    Concord Pike Executive Office Suite

    14,059 SF Sublease, Prime Location

    2200 Concord Pike
    Wilmington, DE
    View Details
  • For Lease Call for price

    3300 Brandywine Pkwy

    Retail properties • 945,536 SF

    3300 Brandywine Pkwy
    Wilmington, DE
    View Details
  • For Lease
    $22.50/SF/YR

    The Commons Office Suites for Lease

    Two adjacent suites, 1754 sq ft total.

    3522 Silverside Rd
    Wilmington, DE
    View Details

Property Visit Statistics

  • Visits by month
    6.9k
  • Visitors by month
    4.8k
  • Avg Time on site
    14 min

FAQs

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5209 Concord, Wilmington, Delaware, 19803

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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.