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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Commercial real estate
27420 Auto Works Ave Dagsboro, DE 19939-5426
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US17-0292004
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.08 ac (90,605 SF)
Zoning code
C-1
APN
233-5.00-154.00
UPID
US17-0292004
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
-
Hertrich Collision Center - Dagsboro DE Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
Hertrich Prop 36 LLC · 4 yrs held
Hertrich Prop 36 LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C-1 · Dagsboro, 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 Dagsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dagsboro 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
$2,215,000
ML approach
$2,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $2.00M (Jan 5 2022)
Last sale anchor
$2.00M
Jan 5 2022
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
—
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
$4,982
Tax year 2023
Assessed value
$120,500
Assessed 2024
Previous assessed
$120,500
+0.0% YoY
Effective rate
4.13%
On assessed value
Assessed land
$10,400
Assessed improvement
$110,100
Land market value
$20,800
Improvement market value
$220,200
Total market value
$241,000
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
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
Heating
NONE
Lot
2.08 ac (90,605 SF)
Zoning code
C-1
APN
233-5.00-154.00
UPID
US17-0292004
Jurisdiction
SUSSEX
Zoning & alternative use
C-1 · Dagsboro, DE
Zoning C-1 · permitted uses
C-1 · Dagsboro, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dagsboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.08 ac
Current owner
From public records · entity-resolved
Hertrich Prop 36 LLC
Entity
Mailing address
1427 PO BOX 1420TH RD, SEAFORD, DE 19973-5420
Ownership since
2022
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
May 5, 2022
—
Hertrich Prop Xxxvii LLC
—
Deed
related
$9,000,000 · Comerica Bank
Jan 5, 2022
$2,000,000
Hertrich Prop 36 LLC
Jones Ent Lewes LLC
Deed
—
May 7, 2007
—
Jones Enterprise LLC
—
Deed Of Trust
related
$1,300,000 · Delaware National Bank
Mar 10, 2006
$400,000
Jones Enterprise LLC
Williams,charles L
Grant Deed
$395,000 · Mercantile Peninsula Bank
—
—
Jones Ent LLC
—
Deed Of Trust
related
$70,000 · M&t Bk
—
—
Jones Enterprise LLC
—
Deed Of Trust
related
$200,000 · Delaware National Bank
—
—
Jones Ents LLC
—
Deed Of Trust
related
$101,600 · Delaware National Bank
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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