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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Commercial real estate
2499 Dupont Blvd Smyrna, DE 19977-8222
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US17-0306516
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
76,384 SF
Lot
16.6 ac (723,096 SF)
Zoning code
MULTI
APN
1-00-028.00-02-08.00-000
UPID
US17-0306516
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
-
Pizzeria DiMeo SMYRNA DELAWARE Restaurant
-
Smyrna Cigar & Cigarette & vape Shop (Bike/Boat/Book/etc) Store
-
Ford Insurance Group Insurance Agency
-
Retail And Repeat Clothing & Fashion Store
-
Flagship Appraisals Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.51M
Blend (final)
Blend
$4.10M
Owner & transaction history
Pierhead Industrial Park LLC · 1 yrs held
Pierhead Industrial Park LLC
since 2024
Last sale
$4.1M
3 recorded transactions
Zoning & alternative use
MULTI · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$4,100,000
ML approach
$4,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.10M
Range $3.69M – $4.51M · ±10% · vs last sale $4.10M (Dec 20 2024)
Last sale anchor
$4.10M
Dec 20 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
$54 / 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
$43,735
Tax year 2023
Assessed value
$1,646,100
Assessed 2023
Previous assessed
$1,646,100
+0.0% YoY
Effective rate
2.66%
On assessed value
Assessed land
$156,700
Assessed improvement
$1,489,400
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
2006
Heating
NONE
Buildings
8
Total area
76,384 SF
Lot
16.6 ac (723,096 SF)
Zoning code
MULTI
APN
1-00-028.00-02-08.00-000
UPID
US17-0306516
Jurisdiction
KENT
Zoning & alternative use
MULTI · Smyrna, DE
Zoning MULTI · permitted uses
MULTI · Smyrna, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Buildings
8
Lot
16.6 ac
Current owner
From public records · entity-resolved
Pierhead Industrial Park LLC
Entity
Mailing address
2 BIG OAK RD, SMYRNA, DE 19977-3501
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
$4,100,000
Pierhead Industrial Park LLC
Kent Construction Co
Deed
—
Apr 29, 2011
—
Kent Construction Co
Pier Head LLC
Deed
$3,600,000 · Wilmington Savings Fund Society Fsb
Apr 8, 2005
—
Kent Construction Co INC
—
Trustees Deed
related
$2,300,000 · Wilmington Trust Co
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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