934 Martin Luther KingWilmington, DE 19805

Property Details for 934 Martin Luther King

Lot size

3.45 AC

Property size (Sq ft)

150,800 SF

Zone code

26R-3

Property type

Retail properties

Property subtype

Parking lots & garages

APN

26-034.40-108

APU

2603440108

• CAP approach

  CAP return

  Valuation

  6%

  $94,738,112

  6.5%

  $87,450,568

  7%

  $81,204,096

• Comparable approach

  Method

  Valuation

  Method 1

  $80,591,392

  Method 2

  $49,652,892

• Alternative Use

  Use

  Valuation

  Residential

  $73,767,824

  Hospitality

  $67,570,936

  Educational

  $56,218,224

  Medical

  $58,151,652

  Retail

  $87,450,568

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7409

Longitude

-75.5624

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $124,400
• Assessed land value
  $237,600
• Assessed value
  $362,000
• Tax year
  2023

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