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Financial
Distress signals
Property profile

500 Plz Dr Newark, DE 19702

OFF-MARKET
Grocery and convenience stores
Property ID
US17-0132234
72,042 SF 15.86 ac lot Built 2000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Four Seasons Plaza, located at 500 Plaza Drive in Newark, Delaware (zip code 19702), offers a prime retail opportunity. This neighborhood center boasts a total of 134,423 square feet and currently has one available suite measuring 5,500 square feet. The minimum divisible space is 5,500 square feet, and the maximum contiguous space available is also 5,500 square feet. The property sits on 15.86 acres of land and is strategically positioned on Route 40, providing excellent visibility and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$167k
Tax billed · 2023
Assessed value$3.99M
Assessed land$634k
Assessed improvement$3.35M
Effective rate4.18%

Value estimate

· Oct 2026
$7.80M
$7.02M – $8.58M
CAP approach$10.73M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$229/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$117 – $332

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CN
JurisdictionNEW CASTLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.7
Dental Office15.0
Law Firm13.2

Location

500 Plz Dr Newark, DE 19702-6367
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2405 Pulaski Hwy, Newark, DE 19702-3905 $575,000 Feb 2025 No data
2694 Pulaski, Newark, DE 19702-3915 $450,000 Jun 2019 2,852 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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