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    Property profile & analytics

    1905 Newport Gap Pike Wilmington, DE 19808-6135

    • Warehouses
    • 2,500 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US17-0182788
    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

    • Monk's Barbershop / Barber Shop
    • Michael's Auto Services / Engine Rebuilding Service / Transmission Shop

    Property Details for 1905 Newport Gap Pike

    Year built
    1978
    Construction
    CONCRETE
    Lot size
    0.23 lot acres
    Property size
    2,500 SF
    Zone code
    CR
    Property type
    Warehouses
    APN
    07-037.40-126
    APU
    703740126

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $225,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $200,000
      Mixed-Use
      $215,000
      Hospitality
      $230,000
      Educational
      $245,000
      Residential Income
      $235,000
      Energy
      $195,000
      Income-Based Land
      $275,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6291
    Latitude
    39.7352
    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
    2024
    $3,911
    $40,100
    $63,000
    $103,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,080 SF

      990 Stanton Rd

      WAREHOUSE, STORAGE • 4,080 SF
      990 Stanton Rd, Wilmington, DE 19808-5835
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    • Value Estimation by Request
      960 SF

      3721 Washington Ave

      WAREHOUSE, STORAGE • 960 SF
      3721 Washington Ave, Wilmington, DE 19808
      View Details
    • Value Estimation
      $455,000
      1,921 SF

      1901 Newport Rd

      WAREHOUSE, STORAGE • 1,921 SF
      1901 Newport Rd, Wilmington, DE 19808
      View Details
    • Value Estimation
      $375,000
      4,200 SF

      1111 Greenbank Rd

      WAREHOUSE, STORAGE • 4,200 SF
      1111 Greenbank Rd, Wilmington, DE 19808-5840
      View Details
    • Value Estimation by Request
      868 SF

      3401 Old Capitol Trl

      WAREHOUSE, STORAGE • 868 SF
      3401 Old Capitol Trl, Wilmington, DE 19808-6123
      View Details
    • Value Estimation by Request
      4,496 SF

      6001 Kirkwood Hwy

      WAREHOUSE, STORAGE • 4,496 SF
      6001 Kirkwood Hwy, Wilmington, DE 19808-4816
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Retail and service spaces with shared parking and signage.
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      Arcadia Way Specialty Property

      Specialty property available for sale on Arcadia Way.
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      High-visibility retail/restaurant building on Kirkwood Highway.
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      Wilmington Specialty Property For Sale

      Specialty property available for purchase in Wilmington, Delaware.
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    Similar Nearby for Lease

    • $15 SF/Yr
      4,000 SF

      Wilmington Flex/Industrial Space For Rent

      Flex/industrial space with easy access and ample parking available for rent.
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    • $15 SF/Yr
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      Industrial Space Available For Rent

      7,200 SF industrial property for rent in Wilmington, DE.
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    • Contact for pricing
      229,330 SF

      Pike Creek Retail Center: Wilmington, DE

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    • $276 SF/Yr
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      Prime Wilmington Executive Office Space

      Class A Office, 8,104 SF Available
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      Apollo Shopping Center: Wilmington Retail Space

      High-traffic Wilmington retail space available. Excellent visibility & parking.
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    • Contact for pricing
      16,442 SF

      Wilmington Medical Office Space For Lease

      Delaware medical office building, 16,442 SF available.
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      View Details
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    1905 Newport Gap Pike
    Wilmington, DE 19808-6135
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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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