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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Turn key restaurants
2470 Pulaski Hwy, Newark, DE 19702-3971
Individually Owned
2-yr Hold
Free & Clear
Property ID
US17-0468330
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Construction
CONCRETE
Total area
5,300 SF
Lot
2.24 ac (97,574 SF)
Zoning code
CR
APN
11-026.00-094
UPID
US17-0468330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Starbucks Cafe & Coffee Shop
-
Verizon Mobile Phone Store Electronics & Wireless Store
-
Cold Stone Creamery Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.10M
Owner & transaction history
Juliann S Figliola · 2 yrs held
Juliann S Figliola
since 2024
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
CR · Newark, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,100,000
ML approach
$4,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.10M
Range $3.69M – $4.51M · ±10% · vs last sale $4.10M (Apr 15 2024)
Last sale anchor
$4.10M
Apr 15 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$774 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$570,500
Assessed 2023
Previous assessed
$570,500
+0.0% YoY
Assessed land
$144,400
Assessed improvement
$426,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
5,300 SF
Lot
2.24 ac (97,574 SF)
Zoning code
CR
APN
11-026.00-094
UPID
US17-0468330
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CR · Newark, DE
Zoning CR · permitted uses
CR · Newark, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newark. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.24 ac
Current owner
From public records · entity-resolved
Juliann S Figliola
Individual
Free & Clear · 2 yrs held
Mailing address
4562 SIMON RD, WILMINGTON, DE 19803-3910
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2024
—
Juliann S Figliola
Elmer Saienni Marital Dedcuction Tr
Quit Claim Deed
related
—
Feb 11, 2013
—
Apple Delaware LLC
—
Deed Of Trust
related
$675,000,000 · Bank Of America
Oct 3, 2012
—
Elmer D Saienni
Saienni,elmer D
Quit Claim Deed
related
—
May 13, 2011
—
Apple Delaware LLC
—
Deed Of Trust
related
$320,000,000 · Bank Of America
Nov 13, 2007
$4,100,000
Elmer D Saienni
Clay Motel LLC
Grant Deed
—
Feb 24, 2004
—
Clay Motel LLC
—
Trustees Deed
related
$17,600 · Artisans Bank
—
—
Clay Motel LLC
—
Deed Of Trust
related
$1,900,000 · Artisans Bank
—
—
Clay Motel LLC
—
Deed Of Trust
related
$182,400 · Artisans Bank
—
—
Clay Motel LLC
—
Deed Of Trust
related
$2,200,000 · Liberty Bank
—
—
Apple Delaware LLC
—
Deed Of Trust
related
$575,000,000 · Bank Of America
—
—
Apple Delaware LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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