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    Property profile & analytics

    304 Chapel St Newark, DE 19711-5378

    • Warehouses
    • 10,740 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US17-0405726
    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

    • Warehouses

    Property Details for 304 Chapel St

    Year built
    2021
    Construction
    ADOBE
    Lot size
    0.87 lot acres
    Property size
    10,740 SF
    Zone code
    18MI
    Property type
    Warehouses
    APN
    18-033.00-005
    APU
    1803300005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.7424
    Latitude
    39.6741
    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
    $7,958
    $17,400
    $197,400
    $214,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      100 Chapel St

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

      111 Ruthar Dr

      WAREHOUSE, STORAGE • 10,200 SF
      111 Ruthar Dr, Newark, DE 19711-8025
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    • Value Estimation
      $1,090,000
      63,132 SF

      300 Ruthar Dr

      WAREHOUSE, STORAGE • 63,132 SF
      300 Ruthar Dr, Newark, DE 19711-8017
      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

    Similar Nearby for Sale

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      50,000 SF

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      Newark Retail Space on Main

      New construction retail space in the heart of Newark, DE.
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    • $1,800,000

      Prime Acres in Newark, DE

      2.75 acres of commercial land for sale in Newark.
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      Specialty Property For Sale

      Specialty property available for purchase.
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    Similar Nearby for Lease

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      30,000 SF

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      16,200 SF

      Flex Office Space Available

      3,300 SF flex space with customization options.
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      14,728 SF

      Newark Executive Office Space

      1,250 SF Office Suite Available Now
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      11,168 SF

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    • Contact for pricing
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      Office Space in Newark

      Office space available for rent in Newark, Delaware.
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      Office Space Available For Rent

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    304 Chapel St
    Newark, DE 19711-5378
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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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