Property profile

115 Pencader Dr Newark, DE 19702

OFF-MARKET
Warehouses
Property ID
US17-0151659
31,680 SF 4.12 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Construction CONCRETE
Total area 31,680 SF
Lot 4.12 ac (179,467 SF)
Zoning code BP
APN 11-021.00-026
UPID US17-0151659

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

115 Pencader Dr Newark, DE 19702-3322
Newark metro Census 14814 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.72M
Blend (final) Blend
$785k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2019
Price N/A

Zoning & alternative use

BP · Newark, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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