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400 Commerce Dr; Newark, DE Property Details

400 Commerce Dr, Newark, DE is a Commercial Office that was built in 1983. This property is currently a cash purchase and is not for sale. Our records show that 400 Commerce Dr has a total of 157,120 square feet. The lot size of 400 Commerce Dr is 575,863 square feet.

Off market
400 Commerce Dr Newark, DE 19713
$19,712,400 Estimated Value
157,120 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1983
  • Purchase Price: $701,041
  • Open Loans / Balance: 1 / $7,893,125
  • APN: 09-033.00-034
  • Situs County: New Castle
  • Length Of Ownership: 11 years, 3 months

Structure

  • Building Style: Concrete
  • Stories: 3
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: B
  • Sewer Type: Yes

Measurements

  • Total: 157,120/SqFt
  • Lot: 575,863/SqFt
  • Gross: 157,120/SqFt
  • Living: 157,120/SqFt
  • Building: 157,120/SqFt
  • Ground: 48,156/SqFt
  • Price Per Square Foot: $4.46

Legal Description

  • Description: BEG ON SLY SIDE OF GENDER RD AT COR THENCE S 11 DEG 18 MINUTES 38 SECONDS W 836.10 FT
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: 39.657246 / -75.70431
  • Subdivision: Christiana Corp Ctr
  • Property Class: Office
  • Zoning: OR
  • County Use Code: 312

Amenities

  • Plus Four: 6802
  • Cooling: Yes
  • Heating: Yes

Ownership Info

400 Commerce Dr has no associated ownership info
400 Commerce Dr has no associated ownership info.

Taxes

400 Commerce Dr has 7 associated Taxes items

400 Commerce 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 $19,712,400. The APN we've located for 400 Commerce Dr is 09-033.00-034.

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Taxes
  • Assessed Value:  $19,712,400
  • Assessed Year:  2025
  • Assessed County:  New Castle
  • APN:  09-033.00-034
  • Assessed Land Value:  2908400
  • Tax Amount:  84414.41
  • Tax Year:  2025

Tax History

400 Commerce Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,712,400 Land Value $2,908,400 Improvement Value $16,804,000 Tax Amount $84,414.41 Change Rate -0.735048% Assessed CR Tax Rate +0.004282%
Year 2024 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $318,603.16 Change Rate +0.017284% Assessed CR Tax Rate +0.043945%
Year 2023 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $313,189.84 Change Rate +0.016478% Assessed CR Tax Rate +0.043199%
Year 2022 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $308,112.69 Change Rate +0.021798% Assessed CR Tax Rate +0.042498%
Year 2021 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $301,539.84 Change Rate +0.028314% Assessed CR Tax Rate +0.041592%
Year 2020 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $293,237.12 Change Rate Assessed CR Tax Rate +0.040446%
Year 2019 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $694.58 Change Rate Assessed CR Tax Rate +0.000096%
Year 2017 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $243,596.38 Change Rate +0.093687% Assessed CR Tax Rate +0.0336%
Year 2015 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $222,729.44 Change Rate -0.000699% Assessed CR Tax Rate +0.030721%
Year 2014 Assessed Value $7,250,000 Land Value $264,400 Improvement Value $6,985,600 Tax Amount $222,885.3 Change Rate Assessed CR Tax Rate +0.030743%