500 Plaza Dr Newark, DE 19702
Property profile & analytics
500 Plaza Dr, Newark, DE 19702
- Grocery and convenience stores
- 72,042 SF
- 15.86 lot acres
Property ID
US17-0132234
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
- Walgreens Photo / (Bike/Boat/Book/etc) Store
- Walgreens #11050 / Pharmacy
- COVID-19 Drive-Thru Testing at Walgreens / Medical Laboratory
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Walgreens Pharmacy / Pharmacy
Property Details for 500 Plaza Dr
- Year built
- 2000
- Construction
- CONCRETE
- Lot size
- 15.86 lot acres
- Zone code
- CN
- Property type
- Grocery and convenience stores
- APN
- 11-017.20-155
- APU
- 1101720155
Description
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 accessibility between Interstates 95 and 896. This high-traffic location benefits from over 22,000 vehicles passing daily, ensuring significant exposure for businesses. The property is classified as a neighborhood retail center, offering a convenient and accessible shopping experience for the local community. The available space is suitable for a variety of retail uses and presents a unique opportunity for businesses seeking a prominent location in a thriving area of Newark, Delaware. This end-cap and inline space offers high visibility and ample space for a variety of retail concepts. The property's size and location make it an ideal choice for businesses looking to establish a strong presence in the Newark market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,625,000
- 6.5%
- $10,730,000
- 7%
- $9,965,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- New Castle
- State
- Delaware
- Longitude
- -75.7457
- Latitude
- 39.6268
- 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
$166,677
$634,400
$3,351,400
$3,985,800
-
$0.00
$0.00
$0.00
