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    Property profile & analytics

    155 Cleveland Ave Newark, DE 19711-2213

    • Automotive properties
    • 2,683 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US17-0037886
    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

    • Enterprise Car Sales / Car Dealer / Truck Dealer

    Property Details for 155 Cleveland Ave

    Year built
    1964
    Construction
    CONCRETE
    Lot size
    0.42 lot acres
    Property size
    2,683 SF
    Zone code
    18RM
    Property type
    Automotive properties
    APN
    18-014.00-206
    APU
    1801400206

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $380,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $355,000
      Mixed-Use
      $415,000
      Hospitality
      $375,000
      Educational
      $370,000
      Residential Income
      $345,000
      Energy
      $400,000
      Income-Based Land
      $340,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7474
    Latitude
    39.6867
    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
    $5,472
    $54,900
    $95,900
    $150,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22,297 SF

      298 Cleveland Ave

      AUTO REPAIR, GARAGE • 22,297 SF
      298 Cleveland Ave, Newark, DE 19711-3711
      View Details
    • Value Estimation
      $300,000
      5,466 SF

      1105 Elkton Rd

      AUTO REPAIR, GARAGE • 5,466 SF
      1105 Elkton Rd, Newark, DE 19711-3505
      View Details
    • Value Estimation
      $525,000
      6,416 SF

      1209 Capitol Trl

      AUTO REPAIR, GARAGE • 6,416 SF
      1209 Capitol Trl, Newark, DE 19711-3923
      View Details
    • Value Estimation
      $390,000
      1,288 SF

      660 Capitol Trl

      GAS STATION • 1,288 SF
      660 Capitol Trl, Newark, DE 19711-3869
      View Details
    • Value Estimation
      $410,000
      4,224 SF

      235 Main St

      GAS STATION • 4,224 SF
      235 Main St, Newark, DE 19711-7314
      View Details
    • Value Estimation by Request
      4,478 SF

      174 Main St

      PARKING GARAGE, PARKING STRUCTURE • 4,478 SF
      174 Main St, Newark, DE 19711-7309
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Turnkey Restaurant Opportunity For Sale

      Fully equipped restaurant with favorable lease terms for sale.
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      Prime Retail Opportunity on Main

      High-visibility retail space in downtown Newark near University of Delaware.
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    • $2,500,000
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      11,578 SF office space in the heart of Newark.
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    Similar Nearby for Lease

    • Contact for pricing

      Prime Pad Site Opportunity

      Pad site for lease in a densely populated Newark area.
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      View Details
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      New construction, multiple units available.
      134 Main St, Newark, DE 19711
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    • $40 SF/Yr
      3,400 SF

      Turn-Key Restaurant Ready For Lease

      Restaurant space available for lease in Newark, Delaware.
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      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
    • Contact for pricing
      4,530 SF

      Retail Space Near University of Delaware

      4,530 SF retail space with prime frontage on E. Main.
      141 E Main St, Newark, DE 19711
      View Details
    • $24 SF/Yr
      1,200 SF

      Retail Space in Meadowood Center

      Retail space for lease in Newark, Delaware shopping center.
      2610-2622 Kirkwood Hwy, Newark, DE 19711
      View Details
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    155 Cleveland Ave
    Newark, DE 19711-2213
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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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