Property profile

1905 Newport Gap Pike Wilmington, DE 19808

OFF-MARKET
Warehouses
Property ID
US17-0182788
2,500 SF 0.23 ac lot Built 1978
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Construction CONCRETE
Total area 2,500 SF
Lot 0.23 ac (10,019 SF)
Zoning code CR
APN 07-037.40-126
UPID US17-0182788

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop
  • Auto Repair Shop

Location

1905 Newport Gap Pike Wilmington, DE 19808-6135
Wilmington metro Census 12000 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2016
2 recorded transactions
2016
$265,000
1969
Price N/A

Zoning & alternative use

CR · Wilmington, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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