403 New London Rd Newark, DE 19711-7009

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Property lookup
Grocery and convenience stores
DE
Newark
19711
403 New London Rd

Property profile & analytics

403 New London Rd, Newark, DE 19711-7009

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Grocery and convenience stores
34,500 SF
4.85 lot acres

Off-Market

Property ID

US17-0148294

Value Estimations

$4,940,000

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Cap Rate Potential

Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Property Details for 403 New London Rd

Year built: 1968
Construction: CONCRETE
Lot size: 4.85 lot acres
Zone code: 18BC
Property type: Grocery and convenience stores
APN: 18-007.00-035
APU: 1800700035

Sales History

Date	Price	Buyer	Seller	Deed Type	Mortgage
Aug 18, 2017	—	Eugene A Delle Donne & Son LP	Eugene A Delle Donne & Son LP	Quit Claim Deed	$8M · Wilmington Savings Fund Society Fsb
Nov 19, 2010	—	Eugene A Delle Donne LP	—	Deed Of Trust · related	$2.5M · Capital One

Value Estimations

based on Realmo’s proprietary methodology

CAP approach

CAP Return

Estimation

6%

$5,565,000

6.5%

$5,140,000

7%

$4,770,000
Comparable approach

Method

Estimation

Statistic Estimate

$6,585,000

Market price range: $4.03M - $11.5M

AI Estimate

$3,099,000

Market price range: $1.44M - $5.40M
Alternative Use

Use

Estimation

RETAIL STORES

$7,900,000
Current use

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Location Insight

Map
Local Demand

City: Newark
County: New Castle
State: Delaware
Longitude: -75.7649
Latitude: 39.6943
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

$62,460

$422,500

$1,298,800

$1,721,300

$0.00

Comparable in this City

Value Estimation
$1,585,000

1,731 SF

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Value Estimation by Request
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Value Estimation by Request
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Value Estimation
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Value Estimation by Request
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Value Estimation
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49,591 SF

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