Property profile

2478 Glasgow Ave Newark, DE 19702

OFF-MARKET
Turn key restaurants
Property ID
US17-0161708
3,500 SF 0.96 ac lot Built 1986
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Construction CONCRETE
Total area 3,500 SF
Lot 0.96 ac (41,818 SF)
Zoning code CR
APN 11-026.00-099
UPID US17-0161708

Cap rate & NOI

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

Location

2478 Glasgow Ave Newark, DE 19702-4730
Newark metro Census 14812 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2011
2 recorded transactions
2011
$500,000
1969
Price N/A

Zoning & alternative use

CR · 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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