Technical
Financial
Distress signals
Property profile

51 Main St Newark, DE 19711

OFF-MARKET
Turn key restaurants
Property ID
US17-0007728
3,842 SF 0.19 ac lot Built 1960
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction CONCRETE
Total area 3,842 SF
Lot 0.19 ac (8,276 SF)
Zoning code 18BB
APN 18-020.00-063
UPID US17-0007728

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Business Management Consultant Software Company
  • Atm
  • Atm
  • Law Firm

Location

51 Main St Newark, DE 19711-4676
Newark metro Census 14502 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2007
2 recorded transactions
2007
$2.7M
1969
Price N/A

Zoning & alternative use

18BB · Newark, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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