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Property profile & analytics

37088 Fenwick Blvd Selbyville, DE 19975

  • Commercial real estate
  • 1.91 lot acres
Value Estimation
$295,000
Location Intelligence
Property ID
US17-0153349
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Walgreens Photo / Passport Photo Processor / Photo Lab
  • Walgreens Pharmacy / Pharmacy
  • Walgreens / Drug Store / Beauty Supply Store
  • Coinhub Bitcoin ATM Teller / Atm
  • James M. Mcguire, PD / Pharmacy

Property Details for 37088 Fenwick Blvd

Lot size
1.91 lot acres
Zone code
B-1
Property type
Commercial real estate
APN
533-12.00-80.05
APU
53312008005

Description

Fenwick Plaza, located at 37088 W Fenwick Blvd in Selbyville, Delaware (zip code 19975), presents a unique opportunity for retail businesses. This mixed-use commercial property boasts a total of 39,624 square feet on a 0.75-acre lot in Sussex County. Currently, there is one suite available, totaling 4,704 square feet, ideal for a variety of retail uses. The property is situated in a high-traffic area, benefiting from its location within a development anchored by Food Lion and Walgreens on busy Lighthouse Road (DE-54). This prime location is surrounded by several large residential communities, including Americana Bayside, Swann Cove, and the Refuge at Dirickson Creek, ensuring a substantial customer base. The property's multiple tenancy allows for flexibility and potential for synergistic businesses. This is an exceptional opportunity to establish a retail presence in a thriving Delaware community with strong residential support. The property offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location in a rapidly growing area. The available space provides ample room for a variety of retail concepts. Don't miss this chance to secure a prominent position in a bustling commercial center.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $300,000
  • CAP approach

    CAP return
    Estimation
    6%
    $260,000
    6.5%
    $260,000
    7%
    $260,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $285,000
    Geo Method
    $250,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $280,000
    Retail
    $255,000
    Mixed-Use
    $305,000
    Hospitality
    $245,000
    Educational
    $220,000
    Residential Income
    $250,000
    Energy
    $285,000
    Income-Based Land
    $290,000
    Food Service
    $300,000

Location Insight

  • Map
  • Local Demand
City
Selbyville
County
Sussex
State
Delaware
Longitude
-75.1044
Latitude
38.4735
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,196
$19,100
$104,700
$123,800
-
$38,200
$209,400
$247,600
More about this property
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