Technical
Financial
Distress signals
Property profile

232 Cleveland Ave Newark, DE 19711

OFF-MARKET
Retail space
Property ID
US17-0239084
1,800 SF 0.23 ac lot Built 1960
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction CONCRETE
Total area 1,800 SF
Lot 0.23 ac (10,019 SF)
Zoning code 18BC
APN 18-014.00-252
UPID US17-0239084

Cap rate & NOI

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

Location

232 Cleveland Ave Newark, DE 19711-3711
Newark metro Census 14501 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2007
5 recorded transactions
2018
Price N/A
2017
Price N/A
2007
$315,000
2006
$10
1969
Price N/A

Zoning & alternative use

18BC · Newark, 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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