Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    114 W Front St Frederica, DE 19946

    Sponsored
    For Sale
    $155,900

    LAND - Other - FREDERICA, DE

    Property size:
    1,424 SF
    Lot size:
    0.11 Acres
    Days on Market:
    14
    Last Refresh:
    Jan 21 at 12:06 pm

    Property Features for 114 W Front St

    General Information

    Special listing conditions
    In Foreclosure
    Property type
    Land
    Property subtype
    Other
    TransactionType
    In Foreclosure
    Standard status
    Active
    Parking features
    Driveway
    Size
    1,424 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    Vinyl Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Steven Schmidt

    REMAX Horizons, Inc (302) 678-4300 [email protected]

    Listing agent Steven B. Schmidt (302) 678-4326 License #RB-0031118

    Listing date Jan 8, 2026

    MLS# DEKT2043568 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Property in Frederica, DE

    This property in Frederica, DE, presents an opportunity for ownership or investment. The residence features 3 bedrooms and 1.5 bathrooms. The main level includes a bedroom with a private half bath, along with separate living and family rooms. The kitchen provides ample cabinet and counter space, complemented by a utility/laundry room located just off the kitchen. Upstairs, there are two generously sized bedrooms with additional attic storage. Exterior features include a screened porch and a detached garage/workshop suitable for storage, hobbies, or rental purposes. The property is located within walking distance of the school and post office. The property, situated on a 0.11-acre lot, encompasses 1424 square feet of living space. It is suited for investors, first-time buyers, or those seeking to enhance value through cosmetic updates.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frederica
    County
    Kent
    State
    Delaware
    Longitude
    -75.47143401
    Latitude
    39.00798851

    Nearby Similar for Sale

    • $225,000
      3,026 SF

      Income-Producing Duplex in Frederica

      Charming duplex in Frederica, ideal for investors or owner-occupants.
      27 W David St, Frederica, DE 19946
      View Details
    • $705,000
      0.71 Acres

      Restaurant Space Near Delaware Route 1

      Former restaurant space with BG zoning and high visibility available for sale.
      7821 Old Bch Rd, Frederica, DE 19946
      View Details
    • $99,900

      Serene 55+ Community Mobile Home

      Spacious 3-bedroom, 2-bathroom mobile home in a peaceful 55+ community.
      222 Kiwi Ct, Frederica, DE 19946
      View Details
    • $369,000

      Frederica Specialty Property For Sale

      Specialty property available for purchase in Frederica, Delaware.
      101 Lowber St, Frederica, DE 19946
      View Details
    • $399,900

      Frederica Specialty Property For Sale

      Specialty property available for purchase in Frederica, Delaware.
      4217 Midstate Rd Rd, Frederica, DE 19946
      View Details
    • $626,439

      Frederica Specialty Property For Sale

      Specialty property in Frederica, Delaware available for purchase.
      0004 Barratts Chapel Rd, Frederica, DE 19946
      View Details
    • $95,000

      Residential Property in Frederica, DE

      Residential property for sale in Frederica, Delaware.
      331 Jean Bradley Cir, Frederica, DE 19946
      View Details
    • $415,000

      Specialty Property For Sale

      Specialty property available for purchase.
      226 Bowers Beach Rd, Frederica, DE 19946
      View Details
    • $700,000

      Frederica Specialty Property For Sale

      Specialty property available for purchase in Frederica, Delaware.
      74 Murderkill Ave, Frederica, DE 19946
      View Details
    • $419,900

      Specialty Property For Sale

      Specialty property available for purchase.
      144 Pratts Br Rd, Frederica, DE 19946
      View Details
    • $619,000
      3,200 SF

      Frederica Commercial Property - High Visibility

      High-visibility commercial building, 0.45 acres, many uses.
      6975 Old Bch Rd, Frederica, DE 19946
      View Details
    • $159,000
      0.22 Acres

      Bowers Beach Commercial Lot

      Prime Coastal Land, Endless Potential
      3520 Main St, Frederica, DE 19946
      View Details

    FAQs

    What type of property is this?
    Single family property - 3-bedroom home with potential for equity in a prime location.
    Where is this single family property located?
    The property is located at 114 W Front St Frederica, DE.
    What is the asking price?
    The asking price for this property is $155,900.
    What are key features of this property?
    This property features: - Priced to sell with potential for instant equity.; - Detached garage/workshop suitable for storage, hobbies, or rental.; - Main level bedroom with private half bath.
    (302) 678-4326
    Request Owner's contact information
    114 W Front St Frederica, DE 19946
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 W Front St
    Frederica, DE 19946
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 W Front St Frederica, DE 19946
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steven Schmidt
    Real Estate License ID: RB-0031118
    (302) 678-4326
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.