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    112 Capitol Trl Newark, DE 19711

    Sponsored
    For Sale
    $799,000

    Stately stone office, high visibility, ample parking.

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,800 square foot office building, situated on a 1.87-acre lot at 112 Capitol Trail in Newark, Delaware, presents a unique investment opportunity. The property boasts a stately stone façade and enjoys a highly desirable location within walking distance of the University of Delaware campus, ensuring excellent visibility from the busy Kirkwood Highway. Currently configured as an office space, the building's zoning allows for a diverse range of uses, including doctor's offices, lawyer's offices, medical clinics, social clubs, and financial offices. Ample parking is available on-site, catering to both staff and clients. The property's significant land area offers considerable potential for future development. Previous preliminary approvals indicate the feasibility of a multi-family or student housing project, with plans potentially accommodating eight apartments or two quadplexes. This versatile property combines the immediate benefits of a well-located office building with the exciting long-term prospects of potential expansion or redevelopment. The asking price is $799,000. This is a rare opportunity to acquire a substantial property in a thriving area with significant upside potential. Serious inquiries are encouraged.

    Property Features for 112 Capitol Trl

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,800 SF
    Lot Size
    81,457 SF

    Building Details

    Year Built
    1918
    Property Profile Location Intelligence

    Current Use by Public Records

    Kisbu LLC Construction Material Wholesaler Growth Proton Marketing Agency White Prompt Software Company Growbally Training Centre Famoid Software Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.68691
    Latitude
    39.70665

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    FAQs

    What type of property is this?
    Office Property / Space - Stately stone office, high visibility, ample parking.
    Where is this office property / space located?
    The property is located at 112 Capitol Trl Newark, DE.
    What is the asking price?
    The asking price for this property is $799,000.
    (302) 504-6147
    Request Owner's contact information
    112 Capitol Trl Newark, DE 19711
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    Newark, DE 19711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Capitol Trl Newark, DE 19711
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