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    10 Albe Dr Newark, DE 19702-1334

    • Gas stations
    • 3,100 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US17-0497151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
    • Sweeping Corp of America / Sanitation Service

    Property Details for 10 Albe Dr

    Year built
    1978
    Construction
    STONE
    Lot size
    1.10 lot acres
    Property size
    3,100 SF
    Zone code
    I
    Property type
    Gas stations
    APN
    09-037.00-085
    APU
    903700085

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $345,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $380,000
      Mixed-Use
      $330,000
      Hospitality
      $330,000
      Educational
      $305,000
      Residential Income
      $370,000
      Energy
      $355,000
      Income-Based Land
      $290,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7158
    Latitude
    39.6473
    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
    $8,426
    $44,000
    $157,500
    $201,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,350,000
      2,131 SF

      300 Chapman Rd

      GAS STATION • 2,131 SF
      300 Chapman Rd, Newark, DE 19702-5404
      View Details
    • Value Estimation
      $470,000
      7,800 SF

      863 Old Baltimore Pike

      GAS STATION • 7,800 SF
      863 Old Baltimore Pike, Newark, DE 19702-1317
      View Details
    • Value Estimation
      $415,000
      3,205 SF

      2515 Pulaski Hwy

      GAS STATION • 3,205 SF
      2515 Pulaski Hwy, Newark, DE 19702-3907
      View Details
    • Value Estimation by Request
      2,100 SF

      1355 Old Baltimore Pike

      AUTO REPAIR, GARAGE • 2,100 SF
      1355 Old Baltimore Pike, Newark, DE 19702-1110
      View Details
    • Value Estimation
      $355,000
      2,835 SF

      2030 College Ave

      AUTO REPAIR, GARAGE • 2,835 SF
      2030 College Ave, Newark, DE 19702-3302
      View Details
    • Value Estimation
      $400,000
      4,800 SF

      60 Aleph Dr

      AUTO REPAIR, GARAGE • 4,800 SF
      60 Aleph Dr, Newark, DE 19702-1319
      View Details

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    Similar Nearby for Lease

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      Retail property with high traffic and anchor space available.
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      Retail space in Newark with high traffic and great visibility.
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      Newark Retail Pad Site Investment

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      Versatile 1,200 SF retail space with easy access.
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      View Details
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    Newark, DE 19702-1334
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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
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