402 Ogletown Rd Newark, DE 19711-5402
Property profile & analytics
402 Ogletown Rd, Newark, DE 19711-5402
- Hotels
- 9,301 SF
Property ID
US17-0436802
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.
Location Intelligence
Current Use by Public Records
- SpringHill Suites Newark Downtown / Hotel & Motel
- hotel / Hotel & Motel
Property Details for 402 Ogletown Rd
- Year built
- 2018
- Construction
- BRICK
- Zone code
- 18BC
- Property type
- Hotels
- APN
- 18-021.00-145-C0001
- APU
- 1802100145C0001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 29, 2019 | — | Danneman Hospitality LLC | — | Deed · related | $20.5M · Natixis Real Estate Capital LLC |
| Aug 27, 2019 | — | Danneman Hospitality LLC | — | Grant Deed · related | $20.5M · Natixis R/e Cap LLC |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $720,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $860,000
- 6.5%
- $795,000
- 7%
- $740,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $816,000
Market price range: $464k - $816k -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $600,000 Current use
- RESTAURANT
- $1,045,000 Change: +74% Conversion: Difficult
- RETAIL STORES
- $1,005,000 Change: +67% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $875,000 Change: +46% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- New Castle
- State
- Delaware
- Longitude
- -75.7366
- Latitude
- 39.6846
- 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
$137,889
$175,500
$3,624,500
$3,800,000
-
$0.00
$0.00
$0.00
