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231 Lake Dr; Newark, DE Property Details

231 Lake Dr, Newark, DE is a Light Industrial that was built in 1996. This property is currently a cash purchase and is not for sale. Our records show that 231 Lake Dr has a total of 131,726 square feet. The lot size of 231 Lake Dr is 446,490 square feet.

Off market
231 Lake Dr Newark, DE 19702
$12,118,900 Estimated Value
131,726 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1996
  • Purchase Price: $2,625,000
  • Open Loans / Balance: 1 / $993,096,094
  • APN: 11-021.00-029
  • Situs County: New Castle
  • Length Of Ownership: 11 years, 8 months

Structure

  • Building Style: Concrete
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Yes

Measurements

  • Total: 131,726/SqFt
  • Lot: 446,490/SqFt
  • Gross: 131,726/SqFt
  • Living: 131,726/SqFt
  • Building: 131,726/SqFt
  • Ground: 131,726/SqFt
  • Price Per Square Foot: $19.93
Building Insights

Land Information

  • Property Type: Light Industrial
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Christina School District
  • Lat / Lon: 39.61172 / -75.75262
  • Subdivision: Pencader Corp Ctr
  • Property Class: Industrial
  • Zoning: BP
  • County Use Code: 442

Amenities

  • Plus Four: 3320

Ownership Info

231 Lake Dr has no associated ownership info
231 Lake Dr has no associated ownership info.

Taxes

231 Lake Dr has 7 associated Taxes items

231 Lake Dr, Newark, DE pays taxes in New Castle County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $12,118,900. The APN we've located for 231 Lake Dr is 11-021.00-029.

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Taxes
  • Assessed Value:  $12,118,900
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  11-021.00-029
  • Assessed Land Value:  1332500
  • Tax Amount:  51896.77
  • Tax Year:  2025

Tax History

231 Lake Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,118,900 Land Value $1,332,500 Improvement Value $10,786,400 Tax Amount $51,896.77 Change Rate -0.606215% Assessed CR Tax Rate +0.004282%
Year 2024 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $131,789.44 Change Rate +0.018265% Assessed CR Tax Rate +0.042581%
Year 2023 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $129,425.47 Change Rate +0.012084% Assessed CR Tax Rate +0.041818%
Year 2022 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $127,880.14 Change Rate +0.021549% Assessed CR Tax Rate +0.041318%
Year 2021 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $125,182.55 Change Rate +0.026657% Assessed CR Tax Rate +0.040447%
Year 2020 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $121,932.17 Change Rate +0.131625% Assessed CR Tax Rate +0.039397%
Year 2019 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $107,749.64 Change Rate +8618.972% Assessed CR Tax Rate +0.034814%
Year 2018 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $12.5 Change Rate Assessed CR Tax Rate +0.000004%
Year 2017 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $100,957.36 Change Rate Assessed CR Tax Rate +0.03262%
Year 2015 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $3,095,000 Land Value $358,800 Improvement Value $2,736,200 Tax Amount $91,939.46 Change Rate Assessed CR Tax Rate +0.029706%