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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Hotels
410 Eagle Run Rd Newark, DE 19702-1603
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US17-0121570
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
BRICK
Total area
9,004 SF
Lot
1.71 ac (74,488 SF)
Zoning code
CR
APN
09-029.00-039
UPID
US17-0121570
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
TownePlace Suites Wilmington Newark/Christiana Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$634k
Blend (final)
Blend
$775k
Owner & transaction history
Nab Hospitality LLC · 10 yrs held
Nab Hospitality LLC
since 2016
6 recorded transactions
Zoning & alternative use
CR · Newark, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
BILL NO
Top alternative use upside
Restaurant
$1.1M
+87.4%
Auto repair, garage
$850,000
+46.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$580,000
Current use
RESTAURANT
$1,090,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$850,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$86 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$90,577
Tax year 2023
Assessed value
$2,166,000
Assessed 2023
Previous assessed
$2,166,000
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$68,400
Assessed improvement
$2,097,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
YES
Cooling
YES
Stories
4
Total area
9,004 SF
Lot
1.71 ac (74,488 SF)
Zoning code
CR
APN
09-029.00-039
UPID
US17-0121570
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
CR · Newark, DEZoning CR · permitted uses
CR · Newark, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
BILL NO
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$580,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$850,000
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
4
Lot
1.71 ac
Current owner
From public records · entity-resolved
Nab Hospitality LLC
Entity
Mailing address
410 EAGLE RUN RD, NEWARK, DE 19702-1603
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2016
—
Nab Hospitality LLC
—
Deed
related
$8,200,000 · Rialto Mtg Fin
Jan 9, 2013
—
Nab Hospitality LLC
—
Trustees Deed
related
$600,000 · Sun National Bank
—
—
Nab Hospitality LLC
—
Deed Of Trust
related
$6,000,000 · Sun National Bank
—
—
Nab Hospitality LLC
—
Deed Of Trust
related
$500,000 · Sun National Bank
—
—
Nab Hospitality LLC
—
Deed Of Trust
related
$1,100,000 · Shrinath Hospitality LLC
—
—
Nab Hospitality LLC
—
Deed Of Trust
related
$8,200,000 · Rialto Mtg Fin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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