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    Property profile & analytics

    2409 Pulaski Hwy Newark, DE 19702-3905

    • Drive through restaurants
    • 2,856 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    May 02, 2022
    Location Intelligence
    Property ID
    US17-0248778
    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

    • Arby's / Fast Food Restaurant / American Restaurant
    • ATM Machine at ARBY'S RESTAURANT #6704 / Atm
    • B'KChimney&DryerVentCleaning / Chimney Sweep

    Property Details for 2409 Pulaski Hwy

    Year built
    1997
    Construction
    CONCRETE
    Lot size
    1.01 lot acres
    Property size
    2,856 SF
    Zone code
    CR
    Property type
    Drive through restaurants
    APN
    11-026.00-064
    APU
    1102600064

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $550,000
      6.5%
      $610,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $580,000
      Mixed-Use
      $695,000
      Hospitality
      $510,000
      Educational
      $580,000
      Residential Income
      $530,000
      Energy
      $620,000
      Income-Based Land
      $670,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7456
    Latitude
    39.6052
    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
    $14,364
    $144,600
    $198,900
    $343,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $500,000
      2,894 SF

      2423 Pulaski Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,894 SF
      2423 Pulaski Hwy, Newark, DE 19702-3905
      View Details
    • Value Estimation
      $540,000
      4,848 SF

      2351 Glasgow Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,848 SF
      2351 Glasgow Ave, Newark, DE 19702-3920
      View Details
    • Value Estimation by Request
      2,741 SF

      1460 Pulaski Hwy

      RESTAURANT • 2,741 SF
      1460 Pulaski Hwy, Newark, DE 19702-5108
      View Details
    • Value Estimation by Request
      2,568 SF

      1100 Fashion Ctr Blvd

      RESTAURANT • 2,568 SF
      1100 Fashion Ctr Blvd, Newark, DE 19702
      View Details
    • Value Estimation by Request
      8,592 SF

      132 Christiana Mall

      RESTAURANT • 8,592 SF
      132 Christiana Mall, Newark, DE 19702-3202
      View Details
    • Value Estimation by Request
      2,324 SF

      2646 Frazer Rd

      RESTAURANT • 2,324 SF
      2646 Frazer Rd, Newark, DE 19702-4503
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Retail center with diverse mix of tenants and convenient access.
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      Retail property with strong tenant history and convenient Park & Ride.
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      Retail Opportunity in Newark

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      Christiana Town Center Retail Space

      High-traffic Delaware shopping center
      0 Rte 273, Newark, DE 19702
      View Details
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      8,100 SF

      Car Wash and Flex Building

      Car wash and flex building on heavily traveled Old Baltimore Pike.
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      Newark Office Building For Sale

      Commercial building with office space and long-term lease.
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    Similar Nearby for Lease

    • $35 SF/Yr
      11,900 SF

      Corporate Blvd Retail Spaces

      Newark, DE: Prime Retail Opportunity
      130 Corporate Blvd, Newark, DE 19702
      View Details
    • Contact for pricing
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      Newark Retail Pad Site Investment

      Prime 1-Acre Pad Site for Lease
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      View Details
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      Christiana Town Center Retail Space

      Prime Newark, DE Retail Outparcels
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      View Details
    • $1,750 /Mo
      1,200 SF

      Retail Space with Ample Parking

      Versatile 1,200 SF retail space with easy access.
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      View Details
    • Contact for pricing
      40,000 SF

      Retail Space Near Route 1

      Retail property with high traffic and anchor space available.
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      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
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    Newark, DE 19702-3905
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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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