Technical
Financial
Distress signals
Property profile

224 2nd St Lewes, DE 19958

OFF-MARKET
Specialty properties
Property ID
US17-0165150
2,708 SF 0.17 ac lot Built 1995
Entity Owned 6-yr Hold
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Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1995
Construction WOOD FRAME
Total area 2,708 SF
Lot 0.17 ac (7,479 SF)
Zoning code TN
APN 335-8.07-296.00
UPID US17-0165150

Cap rate & NOI

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

Location

224 2nd St Lewes, DE 19958-1326
Lewes metro Census 50903 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$745k

Owner & transaction history

since 2020
Last sale
$550,053
5 recorded transactions
2020
Price N/A
2020
$1.1M
2017
$825,000
2016
Price N/A
1969
Price N/A

Zoning & alternative use

TN · Lewes, DE
Top alternative use upside
Commercial (general) $450,000 +67.8%

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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