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    Property profile & analytics

    220 Delaware St Historic New Castle, DE 19720-4816

    • Banks
    • 2,280 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US17-0172523
    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

    • City of New Castle / Community Center
    • New Castle Tax Office / City Tax Office
    • New Castle Mayors Office / City Government Office
    • New Castle City Administration / City Government Office
    • New Castle Human Resources / City Government Office

    Property Details for 220 Delaware St

    Year built
    1930
    Construction
    CONCRETE
    Lot size
    0.07 lot acres
    Property size
    2,280 SF
    Zone code
    21HC
    Property type
    Banks
    APN
    21-015.30-185
    APU
    2101530185

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $395,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $420,000
      Mixed-Use
      $410,000
      Hospitality
      $365,000
      Educational
      $380,000
      Residential Income
      $330,000
      Energy
      $400,000
      Income-Based Land
      $460,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Historic New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5644
    Latitude
    39.6597
    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
    $0.00
    $25,800
    $173,600
    $199,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $280,000
      2,441 SF

      80 Christiana Rd

      FINANCIAL BUILDING • 2,441 SF
      80 Christiana Rd, New Castle, DE 19720-3118
      View Details
    • Value Estimation
      $465,000
      2,836 SF

      144 Dupont Hwy

      FINANCIAL BUILDING • 2,836 SF
      144 Dupont Hwy, New Castle, DE 19720-3102
      View Details
    • Value Estimation
      $365,000
      4,710 SF

      499 Pulaski Hwy

      FINANCIAL BUILDING • 4,710 SF
      499 Pulaski Hwy, New Castle, DE 19720-3901
      View Details
    • Value Estimation
      $430,000
      4,476 SF

      210 Delaware St

      FINANCIAL BUILDING • 4,476 SF
      210 Delaware St, Historic New Castle, DE 19720-4849
      View Details
    • Value Estimation
      $505,000
      4,715 SF

      1424 Dupont Hwy

      FINANCIAL BUILDING • 4,715 SF
      1424 Dupont Hwy, New Castle, DE 19720-1844
      View Details
    • Value Estimation
      $585,000
      438 SF

      608 Fry Cut Off St

      FINANCIAL BUILDING • 438 SF
      608 Fry Cut Off St, Historic New Castle, DE 19720-4549
      View Details

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    Similar Nearby for Lease

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      Retail space available with high traffic count in New Castle.
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      Prime Retail Space in New Castle

      Retail space for lease in a vibrant, accessible plaza.
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      View Details
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    Historic New Castle, DE 19720-4816
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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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