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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Commercial real estate
109 Scarborough Ave Rehoboth Beach, DE 19971-3026
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US17-0296455
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Construction
WOOD FRAME
Total area
1,653 SF
Lot
0.11 ac (5,001 SF)
Zoning code
TN
APN
334-14.17-152.00
UPID
US17-0296455
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
Samuel I Hamemrman · 2 yrs held
Samuel I Hamemrman
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
TN · Rehoboth Beach, 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 Rehoboth Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rehoboth Beach 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
$2,450,000
ML approach
$2,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10% · vs last sale $2.45M (Jul 2 2024)
Last sale anchor
$2.45M
Jul 2 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
$1,482 / 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
$1,291
Tax year 2023
Assessed value
$26,300
Assessed 2024
Previous assessed
$26,300
+0.0% YoY
Effective rate
4.91%
On assessed value
Assessed land
$6,900
Assessed improvement
$19,400
Land market value
$13,800
Improvement market value
$38,600
Total market value
$52,400
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
Year built
1998
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
8
Total area
1,653 SF
Lot
0.11 ac (5,001 SF)
Zoning code
TN
APN
334-14.17-152.00
UPID
US17-0296455
Jurisdiction
SUSSEX
Zoning & alternative use
TN · Rehoboth Beach, DE
Zoning TN · permitted uses
TN · Rehoboth Beach, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rehoboth Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
8
Lot
0.11 ac
Current owner
From public records · entity-resolved
Samuel I Hamemrman
Individual
Mailing address
1737 N MDW CIR SE, MECHANICSBURG, PA 17055-5234
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jul 2, 2024
$2,451,000
Samuel I Hamemrman
Robert E Cramer JR
Deed
$1,250,000 · Cmg Mortgage INC
Nov 9, 2020
—
Robert E Cramer
—
Deed
related
$510,000 · United Wholesale Mortgage
Aug 30, 2018
$1,272,500
Robert E Cramer JR
John T Mier
Deed
—
Dec 28, 2017
—
John T Mier
—
Deed
related
$638,000 · First Heritage Mtg
Jul 26, 2007
$1,075,000
John T Mier
Wright,wilfred K J
Grant Deed
—
—
—
John T Mier
—
Deed Of Trust
related
$638,000 · First Heritage Mtg
—
—
Ronald C Kinsey
—
Deed Of Trust
related
$765,000 · First Heritage Mortgage LLC
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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