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256 Chapman Rd; Newark, DE Property Details

256 Chapman Rd, Newark, DE is a Commercial Office that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 256 Chapman Rd has a total of 78,792 square feet. The lot size of 256 Chapman Rd is 291,416 square feet.

Off market
256 Chapman Rd Newark, DE 19702
$9,697,300 Estimated Value
78,792 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1979
  • Purchase Price: $15,000,000
  • APN: 09-029.00-016
  • Situs County: New Castle
  • Length Of Ownership: 11 years

Structure

  • Building Style: Concrete
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: B
  • Sewer Type: Yes

Measurements

  • Total: 78,792/SqFt
  • Lot: 291,416/SqFt
  • Gross: 78,792/SqFt
  • Living: 78,792/SqFt
  • Building: 78,792/SqFt
  • Ground: 39,396/SqFt
  • Price Per Square Foot: $190.37

Legal Description

  • Description: BEG AT NAIL SET ON NLY SIDE OF SAID CHAPMAN RD BEING DISTANT 2 FOL DESC COURSES
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Christina School District
  • Lat / Lon: 39.668503 / -75.67604
  • Subdivision: Univ Plza Off Pk 2
  • Property Class: Office
  • Zoning: CR
  • County Use Code: 310

Amenities

  • Plus Four: 5499
  • Cooling: Yes
  • Heating: Yes

Ownership Info

256 Chapman Rd has no associated ownership info
256 Chapman Rd has no associated ownership info.

Taxes

256 Chapman Rd has 7 associated Taxes items

256 Chapman Rd, 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 $9,697,300. The APN we've located for 256 Chapman Rd is 09-029.00-016.

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Taxes
  • Assessed Value:  $9,697,300
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  09-029.00-016
  • Assessed Land Value:  1471800
  • Tax Amount:  41526.75
  • Tax Year:  2025

Tax History

256 Chapman Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,697,300 Land Value $1,471,800 Improvement Value $8,225,500 Tax Amount $41,526.75 Change Rate -0.774126% Assessed CR Tax Rate +0.004282%
Year 2024 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $183,849.45 Change Rate +0.018265% Assessed CR Tax Rate +0.042581%
Year 2023 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $180,551.67 Change Rate +0.012084% Assessed CR Tax Rate +0.041818%
Year 2022 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $178,395.89 Change Rate +0.021549% Assessed CR Tax Rate +0.041318%
Year 2021 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $174,632.66 Change Rate +0.026657% Assessed CR Tax Rate +0.040447%
Year 2020 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $170,098.33 Change Rate +0.131625% Assessed CR Tax Rate +0.039397%
Year 2019 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $150,313.36 Change Rate +228.69646% Assessed CR Tax Rate +0.034814%
Year 2018 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $654.4 Change Rate Assessed CR Tax Rate +0.000152%
Year 2017 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $140,837.95 Change Rate Assessed CR Tax Rate +0.032619%
Year 2015 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $4,317,600 Land Value $734,700 Improvement Value $3,582,900 Tax Amount $128,257.77 Change Rate Assessed CR Tax Rate +0.029706%