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Property profile & analytics
OFF-MARKET
Commercial real estate
19 Cinder Way Georgetown, DE 19947-3815
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US17-0248955
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Construction
WOOD FRAME
Total area
1,690 SF
Lot
35.41 ac (1,542,460 SF)
Zoning code
TN
APN
135-19.00-69.08
UPID
US17-0248955
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kenneth M & Alice Fay Statler Irrev · 1 yrs held
Kenneth M & Alice Fay Statler Irrev
since 2024
Last sale
$329,900
7 recorded transactions
Zoning & alternative use
TN · Georgetown, 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 Georgetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Georgetown 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
$3,992
Tax year 2023
Assessed value
$96,550
Assessed 2024
Previous assessed
$96,550
+0.0% YoY
Effective rate
4.13%
On assessed value
Assessed land
$61,500
Assessed improvement
$35,050
Land market value
$123,000
Improvement market value
$70,100
Total market value
$193,100
Applied tax rate
1.0000
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
2004
Construction
WOOD FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
6
Total area
1,690 SF
Lot
35.41 ac (1,542,460 SF)
Zoning code
TN
APN
135-19.00-69.08
UPID
US17-0248955
Jurisdiction
SUSSEX
Zoning & alternative use
TN · Georgetown, DE
Zoning TN · permitted uses
TN · Georgetown, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Georgetown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Lot
35.41 ac
Current owner
From public records · entity-resolved
Kenneth M & Alice Fay Statler Irrev
Individual
Mailing address
19 MULBERRY ST, GEORGETOWN, DE 19947-1896
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
58 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
$329,900
Kenneth M & Alice Fay Statler Irrev
Nancy Lee Heck
Deed
—
Sep 9, 2024
$385,000
Frederick S Roland
Kimberlee Noordyk
Deed
—
Sep 9, 2024
—
Gary J Hutchinson
Gary James Hutchison
Deed
—
Jul 12, 2024
$330,000
Brigitte Cunillera Revocable Trust
Caramanica Maryanne Therese Est
Deed
—
Apr 5, 2024
$348,500
Gary James Hutchison
Craig K Hennessey
Deed
—
Apr 5, 2024
$319,900
William Lavelle
Linda G Belkot
Deed
—
Apr 1, 2024
$390,000
Alice Mead
Richard E Parker
Deed
—
Mar 18, 2024
$365,000
William Mixon
Nitan Soni
Deed
$135,000 · M&t Bank
Mar 18, 2024
$280,000
Mary Bricker Jenkins
Michael E Colburn
Deed
$135,000 · M&t Bank
Feb 16, 2024
$375,000
Joseph T Beal
Patricia L Hoffmann
Deed
—
Feb 15, 2024
—
Jad A Steele
Linda S Steele
Deed
related
—
Jun 26, 2023
$390,000
L Charles Biehl
Donald D Forrester
Deed
—
Apr 4, 2023
—
Eileen M Noordyk Irrevocable Trust
Eileen M Noordyk
Deed
—
Oct 4, 2022
—
Laszlo M Nyitrai
Nancy Nyitrai
Deed
related
—
Sep 9, 2022
—
R Mark Hylbert
Beatrice K Hylbert
Deed
related
—
Sep 2, 2022
$340,000
Robert W Langley
County Bank
Deed
—
Jul 22, 2022
—
Mary Gatehenry
Michelle Stromberg
Deed
—
Jul 18, 2022
—
Jane H Marienau Lt
Doris M Schirmer
Deed
—
Jul 5, 2022
—
Catherine Irene Walls Irt
Cynthia A Plummer
Deed
—
May 3, 2022
—
Charles W Wakeling
Wakeling Lois J Est
Deed
—
Apr 18, 2022
—
Stacey M Milliman
Diane Milliman
Deed
related
—
Apr 1, 2022
$366,960
Ilene Greenfield
County Bank
Deed
$330,264 · Wells Fargo Bank NA
Feb 2, 2022
—
James S Curry
James S Curry
Deed
related
—
Jan 28, 2022
—
Getzlaff Lt
Harry M Getzlaff
Deed
—
Oct 12, 2021
$293,214
Judith L Rykiel
County Bank
Deed
—
Oct 6, 2021
$18,300
Brenda S Burbage Ret
Brenda S Burbage
Deed
—
Jun 10, 2021
—
Vincent Whapham Irt
Vincent Whapham
Deed
—
Apr 9, 2021
$295,000
Harry M Gerzlaff
County Bank
Deed
—
Oct 29, 2020
$80,000
Monica R Morris
Bobby J Miller
Grant Deed
—
Jul 16, 2020
—
Middleton,thomas A Trust
Thomas A Middleton
Quit Claim Deed
—
Jan 16, 2020
$254,990
Ernest A Saxberg JR
County Bk
Grant Deed
—
Nov 22, 2019
$320,468
Eileen M Noordyk
County Bk
Grant Deed
—
Nov 18, 2019
$304,923
Dzierzanowski Living Trust
County Bk
Grant Deed
—
Dec 21, 2018
$317,657
Brenda S Burbage
County Bk
Grant Deed
—
Jun 4, 2018
—
Michael E Colburn
Colburn,josephine J
Quit Claim Deed
—
Apr 23, 2018
$260,000
Barbara E Truitt
Thompson,sandra M & Thomas A
Grant Deed
$182,000 · M & T Bk
Mar 5, 2018
—
Francis,mary R Trust
Francis,mary R
Quit Claim Deed
related
—
Dec 19, 2017
$235,000
Maureen Pettit
Mcclenny,john F & Kay E
Grant Deed
—
Dec 11, 2017
$227,000
Janice H Mosko
Petroski,janet A
Grant Deed
—
Dec 5, 2017
$287,410
Griggs,melvin J JR & L R Trust
County Bank
Grant Deed
—
Nov 21, 2017
—
Robert E Sickel SR.
Sickel,margaret A & Robert E SR
Quit Claim Deed
related
—
Nov 6, 2017
—
Vansciver,barbara A Trust
Vansciver,barbara A
Quit Claim Deed
related
—
Jun 27, 2017
$210,000
Sandra C Wachiter Myers
36 Builders INC
Grant Deed
$115,000 · Caliber Hm Loans
Jun 21, 2017
$222,000
John J Wesolowski
Stanford,catherine M & Edward J SR
Grant Deed
—
Jan 11, 2013
—
Town Of Georgetown
County Bk
Quit Claim Deed
—
Dec 9, 2010
—
County Bk
Owner Name Unavailable
Grant Deed
related
—
—
—
Circle J Developers LLC
—
Deed Of Trust
related
$150,000 · Wilmington Trust Co
—
—
Circle J Developers LLC
—
Deed Of Trust
related
$1,000,000 · Wilmington Trust Co
—
—
B G Joseph INC
—
Deed Of Trust
related
$160,650 · Wilmington Trust Co
—
—
James K Boese
—
Deed Of Trust
related
$85,900 · First Horizon Home Loan Corp
—
—
John F Mcclenny
—
Deed Of Trust
related
$205,800 · Fairway Independence Mtg Corp
—
—
Thomas A Middleton
—
Deed Of Trust
related
$15,000 · Wilmington Trust Co
—
—
Lorraine M Temple
—
Deed Of Trust
related
$172,400 · Navy FCU
—
—
Conaway Edward Tr
—
Deed Of Trust
related
$56,000 · Delaware National Bank
—
—
John F Mcclenny
—
Deed Of Trust
related
$100,000 · Manufacturers & Traders Tr
—
—
James K Boese
—
Deed Of Trust
related
$35,000 · Citizens Federal Bank Fsb
—
—
Nancy L Hudson
—
Deed Of Trust
related
$70,000 · Manufacturers & Traders Tr
—
—
Kathy A
—
Deed Of Trust
related
$50,000 · Td Bk NA
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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