Property profile

2465 Glasgow Ave Newark, DE 19702

OFF-MARKET
Office Spaces
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Property ID
US17-0257646
1,320 SF 30.94 ac Built 1960
Last sale May 2011
Trust Owned Owner of record is a trust. 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value$871k
Assessed land$440k
Assessed improvement$430k
Effective rate4.18%

Value estimate

· Nov 2026
$580k
$522k – $638k
AI approach$580k
Submarket $/SF estimate$357k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$384/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$189 – $669
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency18.4
Building Supply16.0
Electrical Service12.3

Location

2465 Glasgow Ave Newark, DE 19702-4729
County assessor Recorded deeds · 5 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
850 Salem Church, Newark, DE 19702 $13,000 Jul 2025 2,280 SF
16 Main, Christiana, DE 19702-1530 $430,000 Apr 2022 2,512 SF
1003 Chapel, Newark, DE 19702-1357 $625,000 Sep 2021 3,282 SF
101 Lk, Newark, DE 19702-3318 $4,500,000 May 2021 10,880 SF
1450 Pulaski, Newark, DE 19702-5108 $362,500 Jan 2020 1,750 SF
101 Executive, Newark, DE 19702-3314 $12,741,636 Apr 2019 1,025 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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