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    Property profile & analytics

    48 Geoffrey Dr Newark, DE 19713-3603

    • Hotels
    • 29,641 SF
    • 4.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 02, 2022
    Location Intelligence
    Property ID
    US17-0281522
    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

    • Dunkin' / Bakery / Breakfast Restaurant
    • 48 Geoffrey Drive Parking / Parking Lot
    • Sonesta Select Newark Christiana Mall / Hotel

    Property Details for 48 Geoffrey Dr

    Year built
    1991
    Construction
    CONCRETE
    Lot size
    4.12 lot acres
    Property size
    29,641 SF
    Zone code
    CR
    Property type
    Hotels
    APN
    09-018.00-041
    APU
    901800041

    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
    -75.6532
    Latitude
    39.6863
    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
    $123,552
    $897,300
    $3,135,700
    $4,033,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,750 SF

      333 Continental Dr

      HOTEL-RESORT • 20,750 SF
      333 Continental Dr, Newark, DE 19713-4329
      View Details
    • Value Estimation by Request
      12,480 SF

      3 Concord Ln

      HOTEL • 12,480 SF
      3 Concord Ln, Newark, DE 19713-3577
      View Details
    • Value Estimation by Request
      9,824 SF

      1101 College Ave

      HOTEL • 9,824 SF
      1101 College Ave, Newark, DE 19713-2307
      View Details
    • Value Estimation by Request
      17,439 SF

      1201 Christiana Rd

      HOTEL • 17,439 SF
      1201 Christiana Rd, Newark, DE 19713-3503
      View Details
    • Value Estimation by Request
      19,904 SF

      1008 Old Churchmans Rd

      HOTEL • 19,904 SF
      1008 Old Churchmans Rd, Newark, DE 19713-2102
      View Details
    • Value Estimation by Request
      3,012 SF

      640 College Ave

      HOTEL • 3,012 SF
      640 College Ave, Newark, DE 19713-1315
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Specialty property available for purchase.
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      Specialty Property For Sale

      Specialty property available for purchase.
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    • $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
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    • $414,900

      Broadfield Drive Specialty Property Newark

      Specialty property available for sale in Newark, Delaware.
      886 Broadfield Dr, Newark, DE 19713
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    • $255,000

      Fountainview Drive Specialty Property

      Specialty property available for sale in Newark, Delaware.
      5 Fountainview Dr, Newark, DE 19713
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    Similar Nearby for Lease

    • $10 SF/Yr
      6,400 SF

      Newark Industrial Flex Space

      6,400 SF Flex Warehouse, 4.9 Acres
      719 Dawson Dr, 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
    • $12 SF/Yr
      1,000 SF

      Industrial Space in Newark, DE

      Industrial space for lease near I-95 and University of Delaware.
      2860 Ogletown Rd, Newark, DE 19713
      View Details
    • $25 SF/Yr
      3,422 SF

      Office Space Near I-95

      Office space available for rent near I-95.
      131 Continental Dr, Newark, DE 19713
      View Details
    • $90 SF/Yr
      11,288 SF

      Newark Executive Office Suites

      Prestigious Delaware office space available.
      200 Continental Dr, Newark, DE 19713
      View Details
    • 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
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    48 Geoffrey Dr
    Newark, DE 19713-3603
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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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