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    38188 Dupont Blvd Selbyville, DE 19975

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    For Sale
    $1,150,000

    Established restaurant with equipment, bar, and redevelopment potential.

    Property size:
    3,600 SF

    Property Features for 38188 Dupont Blvd

    General Information

    Size
    3,600 SF

    Source: George Merritt Agent George Merritt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant Opportunity

    This turn-key restaurant, formerly the Cactus Café, has served the Selbyville area for over 30 years. Its central location and frontage on Rt 113 make it easily accessible. The operation includes all equipment needed to operate. The restaurant has a seating capacity of 100 persons, a full bar, a service bar, and several TVs for sports viewing. It also features a walk-in cooler and a walk-in freezer. There are 50 parking spaces available, with two 'right in-right out' entrances on Rt 113. The property is currently leased, but the current lease could possibly be negotiated if a new owner would like to operate the restaurant. The location would lend itself to redevelopment as well. The property is located on Southbound Dupont Blvd (Rt 113S), 0.15 miles south of the Rt 54 intersection and just south of the Royal Farms on the right. The property size is 3600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CELAJES RESTAURANT Restaurant Tulum Restaurant Restaurant Cactus Cafe Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Selbyville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.2342606
    Latitude
    38.4609088

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant with equipment, bar, and redevelopment potential.
    Where is this restaurant located?
    The property is located at 38188 Dupont Blvd Selbyville, DE.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Turn-key restaurant operation with all equipment included; - Prime location with Rt 113 frontage and high visibility; - Established business with a 30+ year history in the Selbyville area
    (443) 935-2277
    Request Owner's contact information
    38188 Dupont Blvd Selbyville, DE 19975
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    Selbyville, DE 19975
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    Realmo Value Estimation

    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.

    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.

    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
    38188 Dupont Blvd Selbyville, DE 19975
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