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    65 Geoffrey Dr Newark, DE 19713-3603
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    Property profile & analytics

    65 Geoffrey Dr, Newark, DE 19713-3603

    View on Map

    • Hotels
    • 10,308 SF
    • 2.12 lot acres
    Off-Market
    Property ID
    US17-0140942
    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.

    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    7.9%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Quality Inn / Hotel & Motel

    Property Details for 65 Geoffrey Dr

    Year built
    1990
    Construction
    CONCRETE
    Lot size
    2.12 lot acres
    Zone code
    CR
    Property type
    Hotels
    APN
    09-018.00-066
    APU
    901800066

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 13, 2019 — Newark Inn INC Mandip LLC Deed $3.7M · American Spirit FCU
    Nov 1, 2011 $4,462,500 Mandip LLC Top27 Wilmington Hotel LLC Special Warranty Deed $3.5M · M & T Bank
    Aug 17, 2004 $10 Kristal Delaware LLC Mfi Partners Grant Deed · related $6M · Commerce Bank Delaware NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $720,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $955,000
      6.5%
      $880,000
      7%
      $820,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $715,000
      Market price range: $514k - $904k
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $665,000
      Current use
      RETAIL STORES
      $1,155,000
      Change: +74% Conversion: Difficult
      RESTAURANT
      $1,020,000
      Change: +53% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $970,000
      Change: +46% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    New Castle
    State
    Delaware
    Longitude
    -75.6522
    Latitude
    39.6865
    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
    $74,931
    $461,700
    $1,984,200
    $2,445,900
    -
    $0.00
    $0.00
    $0.00
    More about this property
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