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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Commercial real estate
10278 Dupont Hwy, Felton, DE 19943-5626
Individually Owned
2-yr Hold
Property ID
US17-0498810
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2018
Total area
3,188 SF
Lot
0.88 ac (38,333 SF)
Zoning code
BG
APN
8-00-129.01-02-16.00-000
UPID
US17-0498810
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
-
Robert Davis Construction LLC Construction Company General Contractor
-
The Maids in Kent County, DE Hardware & Home Improvement
-
ASAP Cleaners (Bike/Boat/Book/etc) Store
-
Disposal Junk And Hauling Delaware Waste Management Facility
-
Rob Shaner Branch Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$635k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Barbara Salerno · 2 yrs held
Barbara Salerno
since 2024
Last sale
$530,000
7 recorded transactions
Zoning & alternative use
BG · Felton, 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 Felton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Felton 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
Method
Estimation
Statistic approach
$530,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $530k (May 9 2024)
Last sale anchor
$530k
May 9 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
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
$2,678
Tax year 2023
Assessed value
$69,000
Assessed 2023
Previous assessed
$69,000
+0.0% YoY
Effective rate
3.88%
On assessed value
Assessed land
$11,500
Assessed improvement
$57,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Year built
2018
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
4
Bathrooms
1
Total area
3,188 SF
Lot
0.88 ac (38,333 SF)
Zoning code
BG
APN
8-00-129.01-02-16.00-000
UPID
US17-0498810
Jurisdiction
KENT
Zoning & alternative use
BG · Felton, DE
Zoning BG · permitted uses
BG · Felton, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Felton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Barbara Salerno
Individual
Mailing address
239 MARIONS WAY, FELTON, DE 19943-5234
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
$530,000
Barbara Salerno
10278 S Dupoint Hwy LLC
Deed
—
Oct 4, 2022
—
10278 S Dupont Hwy LLC
—
Deed
related
$300,000 · Shore United Bank NA
Jun 1, 2022
$380,000
10278 S Dupont Hwy LLC
Turn Key Properties LLC
Deed
—
Sep 11, 2018
—
Turn Key Properties LLC
—
Deed
related
$75,000 · Midcoast Cmnty Bk
Oct 20, 2017
$142,000
Turn Key Properties LLC
Victor Steven Frye
Deed
$266,400 · Midcoast Community Bank
Feb 10, 2004
$175,000
Victor S Frye
Koutoufaris,trian
Grant Deed
—
—
—
Turn Key Properties LLC
—
Deed Of Trust
related
$75,000 · Midcoast Cmnty Bk
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.
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