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Property profile & analytics
OFF-MARKET
Commercial real estate
1007 Kings Hwy Lewes, DE 19958-1731
Entity Owned
1-yr Hold
Property ID
US17-0125426
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
4.01 ac (174,676 SF)
Zoning code
C-1
APN
335-8.00-39.00
UPID
US17-0125426
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
-
Big Oyster Brewery Bar & Pub 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
Jeff-kat LLC · 1 yrs held
Jeff-kat LLC
since 2024
7 recorded transactions
Zoning & alternative use
C-1 · Lewes, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lewes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewes submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,467
Tax year 2023
Assessed value
$21,500
Assessed 2024
Previous assessed
$21,500
+0.0% YoY
Effective rate
34.73%
On assessed value
Assessed land
$5,000
Assessed improvement
$16,500
Land market value
$40,100
Improvement market value
$262,900
Total market value
$303,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Lot
4.01 ac (174,676 SF)
Zoning code
C-1
APN
335-8.00-39.00
UPID
US17-0125426
Jurisdiction
SUSSEX
Zoning & alternative use
C-1 · Lewes, DE
Zoning C-1 · permitted uses
C-1 · Lewes, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lewes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Lot
4.01 ac
Current owner
From public records · entity-resolved
Jeff-kat LLC
Entity
Mailing address
1007 KINGS HWY, LEWES, DE 19958-1731
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Jeff-kat LLC
—
Deed
related
$4,300,000 · Hebron Savings Bank
Dec 26, 2024
—
Jeff-kat LLC
Jeff-kat LLC
Deed
$1,965,000 · Burke And Herbert Bank And Trust Co
Mar 7, 2024
—
Jeff Kat LLC
—
Deed
related
$1,338,000 · Hebron Savings Bank
Dec 29, 2020
$735,000
Jeff-kat LLC
First Babtist Church Of Lewes
Grant Deed
$588,000 · Provident St Bk
Aug 28, 2019
—
Jeff Kat LLC
Jeff Kat LLC
Deed
related
—
Apr 1, 2019
—
Jeff Kat LLC
—
Deed
related
$1,610,000 · Provident State Bank
Oct 9, 2015
$499,000
Jeff-kat LLC
Hastings Robert R Trust
Grant Deed
—
Jan 14, 2015
—
Hastings,robert R Trust
Hastings,robert R
Quit Claim Deed
related
—
—
—
A K A Sara Sara K Gregg
—
Deed Of Trust
related
$75,000 · Mercantile Peninsula Bank
—
—
Fka Hastings Sara K Gregg
—
Deed Of Trust
related
$400,000 · Pnc Bank Delaware
—
—
Aka Sar Sara K Gregg
—
Deed Of Trust
related
$85,000 · Mercantile Peninsula Bank
—
—
Sara K Fka Sara K Hasting Gregg
—
Deed Of Trust
related
$26,000 · Mercantile Peninsula Bank
—
—
Sara K Gregg
—
Deed Of Trust
related
$60,000 · County Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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