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Property profile & analytics
OFF-MARKET
Commercial real estate

38188 Dupont Blvd Selbyville, DE 19975

0.75 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US17-0249913
Property summary
AI-generated overview

This exceptional 0.7-acre property at 38188 Dupont Boulevard in Selbyville, Delaware, presents a unique investment opportunity. The building, formerly operating as the Cactus CafГ©, boasts a rich history of over 30 years serving the local community. Its prime location on Route 113 ensures high visibility and accessibility for customers. The turnkey operation includes all necessary equipment for immediate restaurant operation, eliminating the need for significant upfront investment. The spacious interior comfortably seats 100 patrons, complemented by a full bar and service bar, enhancing the dining experience. Multiple televisions cater to sports enthusiasts, adding to the ambiance. Practical features include a walk-in cooler and a walk-in freezer, streamlining operations. Ample parking is provided with 50 spaces. The property is currently leased, offering flexibility for a new owner to either continue the existing restaurant operation (with potential lease renegotiation) or pursue redevelopment options, given its desirable location and established infrastructure. The asking price is $1,150,000. This presents a compelling opportunity for an experienced restaurateur or a developer seeking a prime location in a thriving community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.75 ac (32,491 SF)
Zoning code TN
APN 533-16.00-49.01
UPID US17-0249913
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CELAJES RESTAURANT Restaurant
  • Tulum Restaurant Restaurant
  • Cactus Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Umimad LLC · 4 yrs held
Umimad LLC
since 2022
4 recorded transactions
2025
Price N/A
2022
Price N/A
2022
Price N/A
2020
$190,000
Zoning & alternative use
TN · Selbyville, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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