Property profile

1311 Coastal Hwy Fenwick Island, DE 19944

OFF-MARKET
Commercial real estate
Property ID
US17-0123768
4,088 SF 0.15 ac lot Built 2018
Individually Owned 5-yr Hold
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2018
Construction WOOD FRAME
Total area 4,088 SF
Lot 0.15 ac (6,500 SF)
Zoning code TN
APN 134-23.12-213.00
UPID US17-0123768

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1311 Coastal Hwy Fenwick Island, DE 19944-4420
Fenwick Island metro Census 51205 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
$454k
Blend (final) Blend
$330k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2019
Price N/A
2018
$330,000
2017
$105,000

Zoning & alternative use

TN · Fenwick Island, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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