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    Property profile & analytics

    123 E Main St Newark, DE 19711

    • Retail residential properties
    • 1,250 SF
    • 0.82 lot acres
    For Lease
    View listing
    Value Estimation
    $605,000
    Location Intelligence
    Property ID
    US17-0278881
    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

    • Retail residential properties

    Property Details for 123 E Main St

    Year built
    1940
    Construction
    CONCRETE
    Lot size
    0.82 lot acres
    Property size
    1,250 SF
    Zone code
    18BB
    Property type
    Retail residential properties
    APN
    18-020.00-108
    APU
    1802000108

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $715,000
      6.5%
      $820,000
      7%
      $760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $790,000
      Geo Method
      $685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $860,000
      Retail
      $720,000
      Mixed-Use
      $705,000
      Hospitality
      $755,000
      Educational
      $680,000
      Residential Income
      $670,000
      Energy
      $795,000
      Income-Based Land
      $790,000
      Food Service
      $825,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7482
    Latitude
    39.6829
    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
    $40,452
    $178,600
    $936,200
    $1,114,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      17,610 SF

      250 Main St

      STORES & APARTMENTS • 17,610 SF
      250 Main St, Newark, DE 19711-4550
      View Details
    • Value Estimation
      $400,000
      7,463 SF

      90 Main St

      STORES & APARTMENTS • 7,463 SF
      90 Main St, Newark, DE 19711-4683
      View Details
    • Value Estimation
      $425,000
      3,483 SF

      119 Main St

      STORES & APARTMENTS • 3,483 SF
      119 Main St, Newark, DE 19711-7971
      View Details
    • Value Estimation
      $255,000
      2,436 SF

      1 Main St

      STORES & APARTMENTS • 2,436 SF
      1 Main St, Newark, DE 19711
      View Details
    • Value Estimation
      $460,000
      12,097 SF

      66 Main St

      STORES & APARTMENTS • 12,097 SF
      66 Main St, Newark, DE 19711-4640
      View Details
    • Value Estimation by Request
      1,260 SF

      93 Main St, Unit 104

      STORES & APARTMENTS • 1,260 SF
      93 Main St, Newark, DE 19711-4648
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,512 SF

      Newark Retail Space on Main

      New construction retail space in the heart of Newark, DE.
      134-140 East Main St, Newark, DE 19711
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    • $2,500,000
      11,578 SF

      Main Street Newark Office Space

      11,578 SF office space in the heart of Newark.
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    • $4,997,000
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      Office Building in Newark, DE

      30,208 SF office building for sale.
      800 Barksdale Rd, Newark, DE 19711
      View Details
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      Wyeth End Unit Home

      Three-bedroom end unit with screened porch and two-car garage.
      406 Leahy Dr, Newark, DE 19711
      View Details
    • $675,000

      Specialty Property for Sale

      Specialty property available for purchase.
      211 Cullen Way, Newark, DE 19711
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    • $1,800,000

      Prime Acres in Newark, DE

      2.75 acres of commercial land for sale in Newark.
      1033 Barksdale Rd, Newark, DE 19711
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Mixed-Use Development Retail Space

      Retail space in a mixed-use development near University of Delaware.
      100-424 Suburban Dr, Newark, DE 19711
      View Details
    • Contact for pricing
      1,600 SF

      Mixed-Use Development Retail Space

      Retail space in a mixed-use development near University of Delaware.
      100 Suburban Dr, Newark, DE 19711
      View Details
    • Contact for pricing
      2,340 SF

      Main Street Retail Space Available

      Retail space for rent in mixed-use building on Main.
      100 S Main St, Newark, DE 19711
      View Details
    • Contact for pricing
      14,465 SF

      Prime Newark Retail Space

      New construction, multiple units available.
      134 Main St, Newark, DE 19711
      View Details
    • $40 SF/Yr
      3,400 SF

      Turn-Key Restaurant Ready For Lease

      Restaurant space available for lease in Newark, Delaware.
      111-115 E Main St, Newark, DE 19711
      View Details
    • $16 SF/Yr
      6,500 SF

      Retail Space on Capitol Trail

      Retail space available for lease on Capitol Trail.
      1200-1300 Capitol Trl, Newark, DE 19711
      View Details
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    123 E Main St
    Newark, DE 19711
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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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