1604 Pulaski HwyNewark, DE 19702

  • Land
  • 912 SF
For Sale

Property Details for 1604 Pulaski Hwy

Year built
1950
Lot size
0.85 AC
Property size (Sq ft)
912 SF
Zone code
CR
Property type
Land
Property subtype
Commercial land
APN
10-048.00-002
APU
1004800002

Description

This exceptional retail outparcel presents a unique investment opportunity in the thriving Bear, Delaware market. Strategically located on Pulaski Highway (Route 40), a heavily trafficked commercial corridor boasting 40,140 vehicles daily, this property benefits from its proximity to a regional retail hub. The site's convenient location offers easy access to Route 1 (Exit 160), providing a crucial north-south connection between Philadelphia and Baltimore, ensuring high visibility and accessibility for potential businesses. Bear, a rapidly growing CDP in New Castle County, is experiencing significant residential and commercial development, making this outparcel an ideal location for a variety of retail uses. The area's robust economy, with strong representation in healthcare, finance, and retail, further enhances the property's investment potential. This prime location offers unparalleled exposure to a large customer base, making it an attractive proposition for businesses seeking a high-traffic, easily accessible location within a dynamic and expanding community. The property's address is 1604 Pulaski Hwy, Newark, DE 19702.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $446,129
    Hospitality
    $408,652
    Educational
    $339,994
    Medical
    $351,686
    Retail
    $528,879
1604 Pulaski Hwy, Newark, Delaware
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Location Insight

City
Newark
County
New Castle
State
Delaware
Latitude
39.6196
Longitude
-75.6909
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
$2,133
$51,000
-
$51,000
-
-
-
-

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