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    Property profile & analytics

    315 Delaware Cir Newark, DE 19711-7131

    • Office Properties & Spaces
    • 420 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US17-0267677
    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

    • George Read Park - Parking / Parking Lot

    Property Details for 315 Delaware Cir

    Year built
    1953
    Construction
    CONCRETE
    Lot size
    0.64 lot acres
    Property size
    420 SF
    Zone code
    18RD
    Property type
    Office Properties & Spaces
    APN
    18-021.00-101
    APU
    1802100101

    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
    -75.74
    Latitude
    39.682
    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
    $0.00
    $22,300
    $0.00
    $22,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      16 Polly Drummond Shopping Ctr

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    • Value Estimation by Request
      15,036 SF

      555 Paper Ml Rd

      OFFICE (GENERAL) • 15,036 SF
      555 Paper Ml Rd, Newark, DE 19711-7513
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      64,220 SF

      400 White Clay Ctr Dr

      OFFICE (GENERAL) • 64,220 SF
      400 White Clay Ctr Dr, Newark, DE 19711-5468
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    • Value Estimation by Request
      64,281 SF

      700 White Clay Ctr Dr

      OFFICE (GENERAL) • 64,281 SF
      700 White Clay Ctr Dr, Newark, DE 19711-8800
      View Details
    • Value Estimation by Request
      420 SF

      314 Delaware Cir

      OFFICE (GENERAL) • 420 SF
      314 Delaware Cir, Newark, DE 19711-7134
      View Details
    • Value Estimation by Request
      20,369 SF

      9 Innovation Way

      OFFICE (GENERAL) • 20,369 SF
      9 Innovation Way, Newark, DE 19711-5449
      View Details

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    315 Delaware Cir
    Newark, DE 19711-7131
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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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