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    Property profile & analytics

    134 Main St Newark, DE 19711

    • Retail residential properties
    • 5,173 SF
    • 0.65 lot acres
    For Lease
    View listing
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US17-0240136
    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 134 Main St

    Year built
    1950
    Construction
    CONCRETE
    Lot size
    0.65 lot acres
    Property size
    5,173 SF
    Zone code
    18BB
    Property type
    Retail residential properties
    APN
    18-020.00-126
    APU
    1802000126

    Description

    This exceptional new construction retail property, located at 134-140 East Main Street in Newark, Delaware, offers a unique opportunity for businesses seeking prime commercial space. The building, completed in 2024, boasts a total of 14,465 square feet across six stories, with one building on the site. Multiple tenancy options are available, with spaces ranging from a minimum of 2,213 square feet to a maximum contiguous space of 1,974 square feet. Currently, 4,187 square feet of ground-floor retail space is vacant and ready for immediate occupancy. This presents an ideal opportunity for a restaurant or other retail establishment seeking high visibility and foot traffic on Main Street. The property's location in the vibrant city of Newark, Delaware, zip code 19711, ensures excellent access to a diverse customer base. The property's Assessed Parcel Numbers (APN) are 18-020.00-126 and 18-020.00-127. This is a rare chance to secure a brand-new, high-quality retail space in a thriving Delaware community. Don't miss this chance to establish your business in a prime location. Contact us today to learn more about leasing options and to schedule a viewing.

    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
    -75.7479
    Latitude
    39.684
    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
    $0.00
    $108,100
    $108,500
    $216,600
    -
    $0.00
    $0.00
    $0.00

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      133 Main St

      STORES & APARTMENTS • 1,860 SF
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      View Details

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    134 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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