2216 PennsylvaniaWilmington, DE 19806

Property Details for 2216 Pennsylvania

Year built

1920

Construction

CONCRETE

Lot size

1.05 AC

Property size (Sq ft)

6,221 SF

Zone code

26R5A1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

26-012.40-121

APU

2601240121

PT Realty Valuation

• Cap approach

  6%

  $3,908,262

  6.5%

  $3,607,626

  7%

  $3,349,938

• Alternative use approach

  Residential

  $3,043,168

  Hospitality

  $2,787,525

  Educational

  $2,319,188

  Medical

  $2,398,948

  Retail

  $3,607,626

• Comp approach

  Method 1

  $3,324,662

  Method 2

  $2,048,346

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7576

Longitude

-75.5712

CBSA code

37980

CBSA name

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

Property Tax & Assessments

• Assessed Improved Value
  $213,100
• Assessed land value
  $228,700
• Assessed value
  $441,800
• Tax year
  2023
• Tax bill
  $12,036

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