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    Property profile & analytics

    300 Ruthar Dr Newark, DE 19711-8017

    • Warehouses
    • 63,132 SF
    • 6.97 lot acres
    OFF-MARKET
    Value Estimation
    $1,090,000
    Location Intelligence
    Property ID
    US17-0229684
    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

    • Rath Inc. / Corporate Campus
    • York / Equipment Supplier / Air Conditioning System Supplier

    Property Details for 300 Ruthar Dr

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    6.97 lot acres
    Property size
    63,132 SF
    Zone code
    I
    Property type
    Warehouses
    APN
    09-016.00-016
    APU
    901600016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,095,000
      6.5%
      $1,140,000
      7%
      $945,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $975,000
      Geo Method
      $975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,050,000
      Retail
      $1,075,000
      Mixed-Use
      $815,000
      Hospitality
      $1,015,000
      Educational
      $1,005,000
      Residential Income
      $1,095,000
      Energy
      $965,000
      Income-Based Land
      $1,035,000
      Food Service
      $1,045,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6987
    Latitude
    39.6885
    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
    2024
    $65,418
    $239,400
    $1,296,900
    $1,536,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      35,025 SF

      1901 Barksdale Rd

      WAREHOUSE, STORAGE • 35,025 SF
      1901 Barksdale Rd, Newark, DE 19711-2542
      View Details
    • Value Estimation by Request
      4,680 SF

      100 Chapel St

      WAREHOUSE, STORAGE • 4,680 SF
      100 Chapel St, Newark, DE 19711
      View Details
    • Value Estimation
      $1,430,000
      10,200 SF

      111 Ruthar Dr

      WAREHOUSE, STORAGE • 10,200 SF
      111 Ruthar Dr, Newark, DE 19711-8025
      View Details
    • Value Estimation
      $1,095,000
      43,350 SF

      2090 Stafford Way

      MINI-WAREHOUSE, STORAGE • 43,350 SF
      2090 Stafford Way, Newark, DE 19711-5461
      View Details
    • Value Estimation
      $500,000
      2,960 SF

      Thompson Sta Rd

      WAREHOUSE, STORAGE • 2,960 SF
      Thompson Sta Rd, Newark, DE 19711
      View Details
    • Value Estimation
      $595,000
      8,750 SF

      1100 Interchange Blvd

      WAREHOUSE, STORAGE • 8,750 SF
      1100 Interchange Blvd, Newark, DE 19711-1836
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      50,000 SF

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      Industrial space available for sublease in Newark, Delaware.
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      Specialty property available for purchase.
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    Similar Nearby for Lease

    • Contact for pricing
      30,000 SF

      Newark Flex/Industrial Space Available

      30,000 SF flex/industrial space for rent in Newark.
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      View Details
    • $14 SF/Yr
      16,200 SF

      Flex Office Space Available

      3,300 SF flex space with customization options.
      111 Ruthar Dr, Newark, DE 19711
      View Details
    • Contact for pricing
      3,400 SF

      Astro Shopping Center Retail Space

      Prime Retail Space - 3,400 SF Available
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      View Details
    • Contact for pricing
      52,027 SF

      Astro Shopping Center Retail Space

      Newark, DE: Prime Retail Storefront Available
      102 Astro Shopping Ctr, Newark, DE 19711
      View Details
    • Contact for pricing

      Prime Pad Site Opportunity

      Pad site for lease in a densely populated Newark area.
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      View Details
    • Contact for pricing
      6,500 SF

      Retail Space Near University Campus

      Retail space previously occupied by University of Delaware program.
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    300 Ruthar Dr
    Newark, DE 19711-8017
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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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