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    Property profile & analytics

    3125 New Castle Ave New Castle, DE 19720-2174

    • Strip malls
    • 9,980 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US17-0481139
    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

    • LocNation Hair Salon / Hair Salon
    • Mrs. C's Souldelicious and Sweet Treats LLC / Food And Beverage Exporter
    • Restaurante Las Cazuelitas / Restaurant
    • ATM / Atm
    • Star liquors / Liquor Store

    Property Details for 3125 New Castle Ave

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    1.22 lot acres
    Property size
    9,980 SF
    Zone code
    CR
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    10-005.40-243
    APU
    1000540243

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $565,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $565,000
      Mixed-Use
      $615,000
      Hospitality
      $510,000
      Educational
      $490,000
      Residential Income
      $645,000
      Energy
      $470,000
      Income-Based Land
      $540,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5497
    Latitude
    39.7097
    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
    $5,980
    $42,700
    $152,500
    $195,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $525,000
      15,200 SF

      135 Christiana Rd

      SHOPPING CENTER, STRIP CENTER • 15,200 SF
      135 Christiana Rd, New Castle, DE 19720-3036
      View Details
    • Value Estimation
      $510,000
      17,664 SF

      100 Jestan Blvd

      SHOPPING CENTER, STRIP CENTER • 17,664 SF
      100 Jestan Blvd, New Castle, DE 19720-5299
      View Details
    • Value Estimation
      $380,000
      2,400 SF

      202 6th St

      SHOPPING CENTER, STRIP CENTER • 2,400 SF
      202 6th St, Historic New Castle, DE 19720-4566
      View Details
    • Value Estimation
      $645,000
      19,584 SF

      317 Dupont Hwy

      SHOPPING CENTER, STRIP CENTER • 19,584 SF
      317 Dupont Hwy, New Castle, DE 19720-4642
      View Details
    • Value Estimation by Request
      15,300 SF

      807 Churchmans Rd

      Strip malls • 15,300 SF
      807 Churchmans Rd, New Castle, DE 19720
      View Details
    • Value Estimation by Request
      41,280 SF

      1 Penn Mart Shopping Ctr

      MINI-MALL • 41,280 SF
      1 Penn Mart Shopping Ctr, New Castle, DE 19720-4206
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space on DuPont Highway

      Retail space available in high-traffic Parkway Plaza.
      1509 N Dupont Hwy, New Castle, DE 19720
      View Details
    • $2,100,000
      21,023 SF

      Automotive Property with Service Area

      Automotive property featuring service areas and ample parking.
      421-423 W 7Th St, New Castle, DE 19720
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      New Castle Avenue Commercial Opportunity

      Commercial property with redevelopment potential on New Castle Avenue.
      3101 New Castle Ave, New Castle, DE 19720
      View Details
    • $1,500,000
      6,800 SF

      Mixed-Use Property in Downtown Gateway

      Mixed-use property with retail and residential income potential.
      699 Ferry Cut Off St, New Castle, DE 19720
      View Details
    • $6,000,000
      67,723 SF

      Entertainment Center with Redevelopment Potential

      Established entertainment center on 6.99 acres with redevelopment potential.
      3031 New Castle Ave, New Castle, DE 19720
      View Details
    • Contact for pricing

      Retail Pad Site For Sale

      High-visibility retail pad site with direct highway access.
      2160 New Castle Ave, New Castle, DE 19720
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,324 SF

      Retail and Office Space Available

      Commercial buildings with retail and office space for rent.
      240 S Dupont Hwy, New Castle, DE 19720
      View Details
    • $20 SF/Yr
      1,000 SF

      Retail Space in Penn Mart

      Bustling retail hub with national tenants in New Castle.
      106 Penn Mart Shopping Ctr, New Castle, DE 19720
      View Details
    • $18 SF/Yr
      15,300 SF

      Prime New Castle Retail Space

      7,850 SF Retail Space Available
      807 Churchmans Rd, New Castle, DE 19720
      View Details
    • Contact for pricing
      6,877 SF

      Retail Space in Manor Park

      Retail space for lease in a renovated shopping center.
      1403 N Dupont Hwy, New Castle, DE 19720
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Parkway Center

      Retail space available in established shopping center.
      1505 N Dupont Hwy, New Castle, DE 19720
      View Details
    • Contact for pricing
      2,329 SF

      Retail Space in Neighborhood Center

      Retail spaces available within an 88,188 SF neighborhood center.
      287 Christiana Rd, New Castle, DE 19720
      View Details
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    3125 New Castle Ave
    New Castle, DE 19720-2174
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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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