Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    373 Chestnut Hl Rd Newark, DE 19713

    • Retail space
    • 10,900 SF
    • 1.42 lot acres
    OFF-MARKET
    Value Estimation
    $720,000
    Location Intelligence
    Property ID
    US17-0294301
    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

    • H&J Clips Llc / Hair Salon
    • Instant G / Car Repair And Maintenance Service
    • Pinstruck Tattoo / Tattoo Shop / Body Arts

    Property Details for 373 Chestnut Hl Rd

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    1.42 lot acres
    Property size
    10,900 SF
    Zone code
    CR
    Property type
    Retail space
    APN
    11-006.20-106
    APU
    1100620106

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $665,000

    • CAP approach

      CAP return
      Estimation
      6%
      $845,000
      6.5%
      $890,000
      7%
      $760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $830,000
      Geo Method
      $900,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $770,000
      Retail
      $745,000
      Mixed-Use
      $790,000
      Hospitality
      $915,000
      Educational
      $830,000
      Residential Income
      $840,000
      Energy
      $735,000
      Income-Based Land
      $865,000
      Food Service
      $780,000

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.727
    Latitude
    39.662
    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
    $37,916
    $379,000
    $527,700
    $906,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,980 SF

      610 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,980 SF
      610 College Ave, Newark, DE 19713-1314
      View Details
    • Value Estimation
      $425,000
      3,295 SF

      491 Harmony Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,295 SF
      491 Harmony Rd, Newark, DE 19713-3336
      View Details
    • Value Estimation
      $400,000
      2,780 SF

      248 Chestnut Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,780 SF
      248 Chestnut Hl Rd, Newark, DE 19713-3700
      View Details
    • Value Estimation
      $660,000
      8,736 SF

      15 Prestbury Sq

      RETAIL STORES (PERSONAL SERVICES) • 8,736 SF
      15 Prestbury Sq, Newark, DE 19713-2608
      View Details
    • Value Estimation by Request
      1,421 SF

      135 Chestnut Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,421 SF
      135 Chestnut Hl Rd, Newark, DE 19713-2223
      View Details
    • Value Estimation by Request
      1,000 SF

      273 Red Ml Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      273 Red Ml Rd, Newark, DE 19713-1918
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,964 SF

      Retail Space in Newark Center

      Retail space available in high-visibility Newark shopping center.
      1109 Rd Churchman's, Newark, DE 19713
      View Details
    • $5,547,847
      14,000 SF

      Fully Occupied Retail Center

      Multi-tenant retail center with stable cash flow and NNN leases.
      681 E Chestnut Hill Rd, Newark, DE 19713
      View Details
    • $10,990,000
      20,000 SF

      Retail Property in Newark, Delaware

      20,000 square foot retail property available for sale.
      60-74 Geoffrey Dr, Newark, DE 19713
      View Details
    • $100,000
      2,000 SF

      Retail Property in Newark, Delaware

      Retail property available for sale in Newark, Delaware.
      1201 Churchmans Rd, Newark, DE 19713
      View Details
    • Contact for pricing
      97,878 SF

      Renovated Office Building with Parking

      97,878 SF renovated office building with ample parking.
      4041 Ogletown Rd, Newark, DE 19713
      View Details
    • Contact for pricing

      Two Hilton Hotels in Newark

      Two Hilton hotels for sale in Newark, Delaware.
      654 South College Ave, Newark, DE 19713
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Retail Space with Drive-Thru Potential

      Retail spaces available with excellent I-95 access and drive-thru.
      1119 S College Ave, Newark, DE 19713
      View Details
    • Contact for pricing
      9,600 SF

      Retail Space in Newark

      Retail space available for lease in Newark, Delaware.
      4607-4621 Ogletown Stanton Rd, Newark, DE 19713
      View Details
    • Contact for pricing
      6,186 SF

      Retail Building Near University of Delaware

      6,186 SF retail building near the University of Delaware.
      1115 S College Ave, Newark, DE 19713
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Newark, Delaware

      Retail space available in a busy Newark shopping center.
      4623-4639 Ogletown Stanton Rd, Newark, DE 19713
      View Details
    • Contact for pricing
      1,920 SF

      Retail Space on Route 72

      Retail space with high visibility and pylon signage.
      100-907 Pencader Plz, Newark, DE 19713
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Newark, DE

      Retail space available for lease in Newark, Delaware.
      4102-4158 Ogletown Stanton Rd, Newark, DE 19713
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    373 Chestnut Hl Rd
    Newark, DE 19713
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.