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    Property profile & analytics

    1301 Governors Pl Bear, DE 19701-3051

    • Turn key restaurants
    • 6,676 SF
    • 1.34 lot acres
    OFF-MARKET
    Value Estimation
    $1,110,000
    Location Intelligence
    Property ID
    US17-0297163
    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

    • Bob Evans / Family Restaurant / Breakfast Restaurant

    Property Details for 1301 Governors Pl

    Year built
    1995
    Construction
    CONCRETE
    Lot size
    1.34 lot acres
    Property size
    6,676 SF
    Zone code
    CR
    Property type
    Turn key restaurants
    APN
    10-039.00-045
    APU
    1003900045

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bear
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6605
    Latitude
    39.6333
    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
    $19,880
    $87,100
    $388,300
    $475,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $380,000
      5,054 SF

      1575 Red Lion Rd

      RESTAURANT • 5,054 SF
      1575 Red Lion Rd, Bear, DE 19701-1815
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    • Value Estimation
      $440,000
      4,380 SF

      250 Buckley Blvd

      RESTAURANT • 4,380 SF
      250 Buckley Blvd, Bear, DE 19701-1299
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    • Value Estimation
      $335,000
      2,328 SF

      603 Pulaski Hwy

      RESTAURANT • 2,328 SF
      603 Pulaski Hwy, Bear, DE 19701-1235
      View Details
    • Value Estimation
      $330,000
      650 SF

      1222 Pulaski Hwy

      RESTAURANT • 650 SF
      1222 Pulaski Hwy, Bear, DE 19701-1321
      View Details
    • Value Estimation
      $465,000
      4,869 SF

      1401 Governors Pl

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,869 SF
      1401 Governors Pl, Bear, DE 19701-3052
      View Details
    • Value Estimation by Request
      2,753 SF

      1100 Quintilio Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,753 SF
      1100 Quintilio Dr, Bear, DE 19701-6004
      View Details

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    • Contact for pricing

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      1.98 Acres, High-Traffic Location
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      Commercial Land in High-Traffic Area

      Commercial land for development in a high-traffic location.
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      Red Lion Road Specialty Property

      Specialty property available for sale on Red Lion Road.
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    Similar Nearby for Lease

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      Retail space available in community shopping center anchored by Acme.
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      Retail Space in Governors Square

      Retail space available in a busy shopping center.
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      Prime retail space in a high-traffic shopping center.
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      View Details
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    Bear, DE 19701-3051
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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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