Financial
Distress signals
Property profile

254 Chapman Rd Newark, DE 19702

OFF-MARKET
Office Spaces
Property ID
US17-0271384
13,160 SF 1.9 ac lot Built 1982
Last sale Jan 2026 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value$1.47M
Assessed land$220k
Assessed improvement$1.25M
Effective rate4.18%

Value estimate

· Sep 2026
$2.44M
$2.20M – $2.68M
CAP approach$2.07M
Submarket $/SF estimate$2.89M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$384/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$189 – $669
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply26.3
Dental Office21.6
Auto Parts Store18.2

Location

254 Chapman Rd Newark, DE 19702-5413
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
850 Salem Church, Newark, DE 19702 $13,000 Jul 2025 2,280 SF
16 Main, Christiana, DE 19702-1530 $430,000 Apr 2022 2,512 SF
1003 Chapel, Newark, DE 19702-1357 $625,000 Sep 2021 3,282 SF
111 Pencader, Newark, DE 19702-3322 $5,865,000 Jul 2021 24,663 SF
101 Lk, Newark, DE 19702-3318 $4,500,000 May 2021 10,880 SF
1450 Pulaski, Newark, DE 19702-5108 $362,500 Jan 2020 1,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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