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    2050 College Ave Newark, DE 19702-3302

    • Day care centers
    • 6,040 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US17-0253891
    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

    • The Little Campus / Day Care Center
    • Little Scholars Center / Preschool

    Property Details for 2050 College Ave

    Year built
    1984
    Construction
    CONCRETE
    Lot size
    3.00 lot acres
    Property size
    6,040 SF
    Zone code
    BP
    Property type
    Day care centers
    APN
    11-017.00-059
    APU
    1101700059

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $475,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $500,000
      Mixed-Use
      $395,000
      Hospitality
      $395,000
      Educational
      $480,000
      Residential Income
      $435,000
      Energy
      $435,000
      Income-Based Land
      $435,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7463
    Latitude
    39.6204
    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
    $7,991
    $45,000
    $146,100
    $191,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $175,000
      1,792 SF

      109 Glasgow Dr

      DAY CARE, PRE-SCHOOL • 1,792 SF
      109 Glasgow Dr, Newark, DE 19702-4155
      View Details
    • Value Estimation by Request
      5,450 SF

      Newark, DE 19702

      Day care centers • 5,450 SF
      Newark, DE 19702
      View Details
    • Value Estimation
      $1,260,000
      9,900 SF

      300 Darling St

      DAY CARE, PRE-SCHOOL • 9,900 SF
      300 Darling St, Newark, DE 19702-3775
      View Details
    • Value Estimation
      $410,000
      4,725 SF

      843 Salem Church Rd

      DAY CARE, PRE-SCHOOL • 4,725 SF
      843 Salem Church Rd, Newark, DE 19702-4015
      View Details
    • Value Estimation
      $390,000
      2,750 SF

      10 Songsmith Dr

      DAY CARE, PRE-SCHOOL • 2,750 SF
      10 Songsmith Dr, Newark, DE 19702-4405
      View Details
    • Value Estimation
      $360,000
      5,725 SF

      273 Old Baltimore Pike

      DAY CARE, PRE-SCHOOL • 5,725 SF
      273 Old Baltimore Pike, Newark, DE 19702-1420
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      109,000 SF

      Glasgow Medical Center: Premier Office Space

      Medical Office Suites Available in Newark, DE
      2600 Glasgow Ave, Newark, DE 19702
      View Details
    • Contact for pricing
      13,070 SF

      Class A Office Space Available

      Office space with loading dock and high ceilings for rent.
      252 Chapman Rd, Newark, DE 19702
      View Details
    • Contact for pricing
      40,000 SF

      Retail Space Near Route 1

      Retail property with high traffic and anchor space available.
      East Songsmith Dr, Bear, DE 19702
      View Details
    • $1,750 /Mo
      1,200 SF

      Retail Space Near Smalleys Dam

      Versatile 1,200 SF retail space in a residential area.
      Newark, DE 19702
      View Details
    • $2,500 /Mo
      5,227 SF

      Retail Space on Route 40

      Retail space in Newark with high traffic and great visibility.
      1426 Pulaski Hwy, Newark, DE 19702
      View Details
    • Contact for pricing
      300 SF

      Industrial Space Near I-95

      Accessible industrial space ideal for distribution and manufacturing headquarters.
      211 Executive Dr, Newark, DE 19702
      View Details
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    2050 College Ave
    Newark, DE 19702-3302
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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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