900 ChurchmansNewark, DE 19713

  • Hospitality properties
  • 7,012 SF
Off market
$23,844,790 Estimated

Property Details for 900 Churchmans

Year built
1982
Construction
CONCRETE
Lot size
2.38 AC
Property size (Sq ft)
7,012 SF
Zone code
CR
Property type
Hospitality properties
Property subtype
Motels
APN
09-018.00-022
APU
901800022

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,403,788
    6.5%
    $3,141,959
    7%
    $2,917,533
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,494,592
    Geo Method
    $2,153,042
  • Alternative Use

    Use
    Valuation
    Residential
    $3,430,106
    Hospitality
    $3,141,959
    Educational
    $2,614,073
    Medical
    $2,703,975
    Retail
    $4,066,336
900 Churchmans, Newark, Delaware
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Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6897
Longitude
-75.6562
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$84,060
$428,400
$2,315,500
$2,743,900
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