Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1060 Chapel St Newark, DE 19702-1304

    • Auto shops
    • 4,000 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Jan 02, 2025
    Location Intelligence
    Property ID
    US17-0121061
    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

    • K & S Garage / Brake Shop

    Property Details for 1060 Chapel St

    Year built
    1994
    Construction
    CONCRETE
    Lot size
    0.92 lot acres
    Property size
    4,000 SF
    Zone code
    I
    Property type
    Auto shops
    APN
    11-010.00-059
    APU
    1101000059

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7304
    Latitude
    39.6457
    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
    $5,357
    $27,600
    $100,500
    $128,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • 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
    • Value Estimation by Request
      2,728 SF

      520 Jfk Memorial Hwy

      AUTO REPAIR, GARAGE • 2,728 SF
      520 Jfk Memorial Hwy, Newark, DE 19702-5427
      View Details
    • Value Estimation
      $395,000
      3,626 SF

      644 Old Baltimore Pike

      AUTO REPAIR, GARAGE • 3,626 SF
      644 Old Baltimore Pike, Newark, DE 19702-1311
      View Details
    • Value Estimation
      $355,000
      2,523 SF

      2806 Pulaski Hwy

      AUTO REPAIR, GARAGE • 2,523 SF
      2806 Pulaski Hwy, Newark, DE 19702-3913
      View Details

    Similar Nearby for Sale

    • $2,450,000
      8,100 SF

      Car Wash and Flex Building

      Car wash and flex building on heavily traveled Old Baltimore Pike.
      106 Albe Dr, Newark, DE 19702
      View Details
    • Contact for pricing
      547,239 SF

      Peoples Plaza Retail Opportunity

      Retail property with strong tenant history and convenient Park & Ride.
      100-950 Peoples Plz, Newark, DE 19702
      View Details
    • Contact for pricing

      Retail Opportunity in Newark

      Retail property available for sale in Christiana Town Center.
      273 | Christiana Town Ctr Rte, Newark, DE 19702
      View Details
    • Contact for pricing
      194,171 SF

      Christiana Town Center Retail Space

      High-traffic Delaware shopping center
      0 Rte 273, Newark, DE 19702
      View Details
    • Contact for pricing

      Fully Leased Retail Center

      Retail center with diverse mix of tenants and convenient access.
      Fashion Ctr Blvd, Newark, DE 19702
      View Details
    • Contact for pricing

      Corporate Campus Office Building

      Office building in corporate campus setting with ample parking.
      300 Biddle Ave, Newark, DE 19702
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,000 SF

      Retail Space Near Route 1

      Retail property with high traffic and anchor space available.
      East Songsmith Dr, Bear, DE 19702
      View Details
    • $1,750 /Mo
      1,200 SF

      Retail Space Near Smalleys Dam

      Versatile 1,200 SF retail space in a residential area.
      Newark, DE 19702
      View Details
    • Contact for pricing
      43,560 SF

      Newark Retail Pad Site Investment

      Prime 1-Acre Pad Site for Lease
      2800 Pulaski Hwy, Newark, DE 19702
      View Details
    • Contact for pricing
      194,171 SF

      Christiana Town Center Retail Space

      Prime Newark, DE Retail Outparcels
      0 Rte 273, Newark, DE 19702
      View Details
    • $1,750 /Mo
      1,200 SF

      Retail Space with Ample Parking

      Versatile 1,200 SF retail space with easy access.
      100 Troubador Way, Newark, DE 19702
      View Details
    • $2,500 /Mo
      5,227 SF

      Retail Space on Route 40

      Retail space in Newark with high traffic and great visibility.
      1426 Pulaski Hwy, Newark, DE 19702
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1060 Chapel St
    Newark, DE 19702-1304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.