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    Property profile & analytics

    2504 Red Lion Rd Bear, DE 19701-2446

    • Strip malls
    • 4,060 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Apr 04, 2022
    Location Intelligence
    Property ID
    US17-0101659
    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

    • TenderBones Rib Shack / Barbecue Restaurant
    • Jacqueline Brady - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • GEM Beauty Co. / Beauty Salon

    Property Details for 2504 Red Lion Rd

    Year built
    2017
    Construction
    CONCRETE
    Lot size
    0.53 lot acres
    Property size
    4,060 SF
    Zone code
    CR
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    12-018.00-015
    APU
    1201800015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $425,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $385,000
      Mixed-Use
      $385,000
      Hospitality
      $440,000
      Educational
      $475,000
      Residential Income
      $365,000
      Energy
      $445,000
      Income-Based Land
      $390,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Bear
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6974
    Latitude
    39.5701
    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
    $4,193
    $28,900
    $109,800
    $138,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      9,021 SF

      100 Mario Dr

      SHOPPING CENTER, STRIP CENTER • 9,021 SF
      100 Mario Dr, Bear, DE 19701-6002
      View Details
    • Value Estimation by Request
      16,287 SF

      1724 Pulaski Hwy

      Neighborhood centers • 16,287 SF
      1724 Pulaski Hwy, Bear, DE 19701
      View Details
    • Value Estimation by Request
      95,236 SF

      401 Governors Pl

      WHOLESALE OUTLET, DISCOUNT STORE • 95,236 SF
      401 Governors Pl, Bear, DE 19701-3032
      View Details
    • Value Estimation
      $225,000
      4,687 SF

      1605 Pulaski Hwy

      MINI-MALL • 4,687 SF
      1605 Pulaski Hwy, Bear, DE 19701
      View Details
    • Value Estimation
      $150,000
      20,100 SF

      1705 Pulaski Hwy

      MINI-MALL • 20,100 SF
      1705 Pulaski Hwy, Bear, DE 19701-1711
      View Details
    • Value Estimation by Request
      6,556 SF

      1635 Pulaski Hwy

      MINI-MALL • 6,556 SF
      1635 Pulaski Hwy, Bear, DE 19701-1453
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Specialty property available for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space on Pulaski Highway

      Prime retail space in a high-traffic shopping center.
      1705-1727 Pulaski Hwy, Bear, DE 19701
      View Details
    • Contact for pricing
      79,000 SF

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      245,323 SF shopping center with 79,000 SF expansion.
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      View Details
    • Contact for pricing
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      Community Shopping Center Retail Space

      Retail space available in community shopping center anchored by Acme.
      10-60 Fox Hunt Dr, Bear, DE 19701
      View Details
    • Contact for pricing
      3,384 SF

      Community Shopping Center For Rent

      Community shopping center anchored by Acme with national tenants.
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      View Details
    • Contact for pricing
      1,500 SF

      Community Shopping Center Space Available

      Retail space available within a community shopping center.
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      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Governors Square

      Retail space available in a busy shopping center.
      901-1101 Governors Pl, Bear, DE 19701
      View Details
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    2504 Red Lion Rd
    Bear, DE 19701-2446
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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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