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    Property profile & analytics

    1515 Dupont Hwy New Castle, DE 19720-1901

    • Grocery and convenience stores
    • 5,443 SF
    • 2.76 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Location Intelligence
    Property ID
    US17-0121477
    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

    • Wawa / Fast Food Restaurant / Cafe
    • PNC ATM / Atm

    Property Details for 1515 Dupont Hwy

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    2.76 lot acres
    Property size
    5,443 SF
    Zone code
    CR
    Property type
    Grocery and convenience stores
    APN
    10-014.00-006
    APU
    1001400006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $565,000
      6.5%
      $595,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $505,000
      Mixed-Use
      $565,000
      Hospitality
      $470,000
      Educational
      $595,000
      Residential Income
      $490,000
      Energy
      $615,000
      Income-Based Land
      $505,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5802
    Latitude
    39.6928
    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
    $16,414
    $300,800
    $235,000
    $535,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      2064 New Castle Ave

      Individual retail properties
      2064 New Castle Ave, New Castle, DE 19720
      View Details
    • Value Estimation
      $350,000
      4,687 SF

      183 Airport Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 4,687 SF
      183 Airport Rd, New Castle, DE 19720-2382
      View Details
    • Value Estimation
      $390,000
      2,010 SF

      288 Christiana Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 2,010 SF
      288 Christiana Rd, New Castle, DE 19720-2916
      View Details
    • Value Estimation
      $395,000
      1,764 SF

      1400 Dupont Hwy

      CONVENIENCE STORE • 1,764 SF
      1400 Dupont Hwy, New Castle, DE 19720-5514
      View Details
    • Value Estimation
      $460,000
      2,926 SF

      882 Dupont Hwy

      CONVENIENCE STORE • 2,926 SF
      882 Dupont Hwy, New Castle, DE 19720-4611
      View Details
    • Value Estimation
      $715,000
      4,737 SF

      4000 Dupont Hwy

      CONVENIENCE STORE (W/FUEL PUMP) • 4,737 SF
      4000 Dupont Hwy, New Castle, DE 19720-6314
      View Details

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      Retail Space on DuPont Highway

      Retail space available in high-traffic Parkway Plaza.
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      Mixed-use property with retail and residential income potential.
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    Similar Nearby for Lease

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      Freestanding Retail Building For Lease

      Freestanding retail building with access from multiple streets.
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      Retail Space in Neighborhood Center

      Retail spaces available within an 88,188 SF neighborhood center.
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      Retail Space on Dupont Highway

      Retail space available with high traffic count in New Castle.
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      View Details
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    1515 Dupont Hwy
    New Castle, DE 19720-1901
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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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