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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Auto shops
1530 Capitol Trl, Newark, DE 19711-5716
Individually Owned
1-yr Hold
Free & Clear
Property ID
US17-0145638
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1966
Construction
CONCRETE
Total area
5,916 SF
Lot
1.55 ac (67,518 SF)
Zoning code
CN
APN
08-054.40-002
UPID
US17-0145638
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dad's Car Wash Car Wash
-
DAAX Tires (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$625k
Owner & transaction history
Doyle K Cox · 1 yrs held
Doyle K Cox
since 2024
7 recorded transactions
Zoning & alternative use
CN · Newark, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$665,000
+19.0%
Retail stores
$640,000
+14.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$560,000
Current use
RESTAURANT
$665,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$640,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,818
Tax year 2023
Assessed value
$426,100
Assessed 2023
Previous assessed
$426,100
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$222,900
Assessed improvement
$203,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
YES
Buildings
3
Stories
1
Total area
5,916 SF
Lot
1.55 ac (67,518 SF)
Zoning code
CN
APN
08-054.40-002
UPID
US17-0145638
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CN · Newark, DE
Zoning CN · permitted uses
CN · Newark, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newark. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$560,000
RESTAURANT
Est. value
$665,000
RETAIL STORES
Est. value
$640,000
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
YES
Stories
1
Buildings
3
Lot
1.55 ac
Current owner
From public records · entity-resolved
Doyle K Cox
Individual
Free & Clear · 1 yrs held
Mailing address
8051 CONGRESS AVE, BOCA RATON, FL 33487-1307
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2024
—
Doyle K Cox
Doyle K Cox
Deed
related
—
Feb 29, 2024
—
Sba Towers LLC
Carol A Stephano
Lease
—
Dec 4, 2023
—
Apml 1530 LLC
Patti J Bryson
Deed
—
Feb 10, 2022
—
Carol A Stephano
Carol A Stephano
Correction Deed
related
—
Aug 21, 2019
—
Stephano,carol A Living Trust
Stephano,carol A
Quit Claim Deed
related
—
Apr 15, 2019
—
Carol A Stephano
Cox Family LLC
Correction Deed
related
—
Oct 7, 2016
—
Cox,tillman B Trust
35m Ents LLC
Grant Deed
—
Aug 24, 2015
—
35m Ents LLC
Cox,tillman B
Grant Deed
—
Oct 1, 2008
—
Sba Towers INC
—
Deed Of Trust
related
$1,555,000,000 · Lasalle National Bank
Jul 18, 2008
—
Cox Family LLC
Cox,aubrey J
Quit Claim Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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