540 College Ave Newark, DE 19713-1302
Property profile & analytics
540 College Ave, Newark, DE 19713-1302
- Medical Office Space
- 64,622 SF
- 5.98 lot acres
Property ID
US17-0331996
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
- University of Delaware Physical therapy clinic / Medical Clinic
- University of Delaware - Physical Therapy / Medical Clinic
- Nurse Managed Primary Care Center / Medical Clinic
- Brian Honick / Physician
- Mrs. Jenny Hughes / Physician
Property Details for 540 College Ave
- Year built
- 2015
- Construction
- BRICK
- Lot size
- 5.98 lot acres
- Zone code
- 18STC
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 18-036.00-004
- APU
- 1803600004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| — | — | Stc Phase I Associates LLC | — | Deed Of Trust · related | $30.5M · Wells Fargo Bk Northwest NA (t |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $15,540,000
- 6.5%
- $14,345,000
- 7%
- $13,320,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $17,095,000
Market price range: $7.20M - $17.1M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $11,190,000 Current use
- COMMERCIAL (GENERAL)
- $13,270,000 Change: +19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- New Castle
- State
- Delaware
- Longitude
- -75.7542
- Latitude
- 39.6652
- 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
$0.00
$119,600
$9,296,600
$9,416,200
-
$0.00
$0.00
$0.00
