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    Property profile & analytics

    1000 Churchmans Rd Newark, DE 19713-2115

    • Turn key restaurants
    • 4,216 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US17-0037948
    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

    • Crab Du Jour Cajun Seafood & Bar / Seafood Restaurant / Bar

    Property Details for 1000 Churchmans Rd

    Year built
    1976
    Construction
    CONCRETE
    Lot size
    1.06 lot acres
    Property size
    4,216 SF
    Zone code
    CR
    Property type
    Turn key restaurants
    APN
    09-018.00-046
    APU
    901800046

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $465,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $495,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $415,000
      Mixed-Use
      $410,000
      Hospitality
      $420,000
      Educational
      $470,000
      Residential Income
      $510,000
      Energy
      $465,000
      Income-Based Land
      $520,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6577
    Latitude
    39.6894
    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
    $11,543
    $184,700
    $192,100
    $376,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      40 Geoffrey Dr

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      40 Geoffrey Dr, Newark, DE 19713-3603
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      4606 Ogletown Stanton Rd

      RESTAURANT • 3,370 SF
      4606 Ogletown Stanton Rd, Newark, DE 19713-2007
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    • Value Estimation
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      14,368 SF

      501 Stanton Christiana Rd

      RESTAURANT • 14,368 SF
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      483 Stanton Christiana Rd

      RESTAURANT • 7,126 SF
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      View Details
    • Value Estimation
      $520,000
      5,772 SF

      801 College Ave

      RESTAURANT • 5,772 SF
      801 College Ave, Newark, DE 19713-4001
      View Details

    Similar Nearby for Sale

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      20,000 square foot retail property available for sale.
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      27,964 SF

      Retail Space in Newark Center

      Retail space available in high-visibility Newark shopping center.
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      Retail property available for sale in Newark, Delaware.
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    Similar Nearby for Lease

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      Retail Building Near University of Delaware

      6,186 SF retail building near the University of Delaware.
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      Retail Space with Drive-Thru Potential

      Retail spaces available with excellent I-95 access and drive-thru.
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      Prime Retail Space, High Traffic Area
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      Retail Space in Newark

      Retail space available for lease in Newark, Delaware.
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      Retail Space in Newark, Delaware

      Retail space available in a busy Newark shopping center.
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      View Details
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    1000 Churchmans Rd
    Newark, DE 19713-2115
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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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