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Property profile & analytics
OFF-MARKET
Land
330 Railroad Ave Georgetown, DE 19947-2011
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US17-0087147
Property summary
AI-generated overview
This 3.49-acre parcel is located just outside of downtown Georgetown, Delaware, approximately 1/2 mile from the Delaware Sussex County Airport. The property is zoned Town, specifically within a Light Industrial District, making it suitable for various purposes. Permitted uses include light industrial operations, warehousing, and storage, encompassing both open and enclosed storage for products, materials, and vehicles. Additional allowable uses include wholesale establishments, service industries, and light industries. Public sewer and water are accessible, and there are no HOA fees. Neighboring entities include the Georgetown Recycle Center, Richard Allen School, Croll Recycle Plant, Sussex Towing, and Georgetown Airport.
Property profile
Verified
Property type
Land
Use group
COMMERCIAL (GENERAL)
Lot
3.49 ac (152,024 SF)
Zoning code
TN
APN
135-20.00-71.00
UPID
US17-0087147
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
Richard Allen Coalition INC
Richard Allen Coalition INC
since 2025
2 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
$436
Tax year 2023
Assessed value
$10,350
Assessed 2024
Previous assessed
$10,350
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$3,500
Assessed improvement
$6,850
Land market value
$7,000
Improvement market value
$13,700
Total market value
$20,700
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
Land
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
3.49 ac (152,024 SF)
Zoning code
TN
APN
135-20.00-71.00
UPID
US17-0087147
Jurisdiction
SUSSEX
Zoning & alternative use
TN · Georgetown, DEZoning TN · permitted uses
TN · Georgetown, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
3.49 ac
Current owner
From public records · entity-resolved
Richard Allen Coalition INC
Entity
Mailing address
328 BUTTONWOOD ST, READING, PA 19601-3225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2025
$330,000
Richard Allen Coalition INC
Gmi Delaware LLC
Deed
$230,000 · County Bank
Jun 12, 2006
$275,000
Gmi Delaware LLC
Trinity Faith Christian Outrea
Grant Deed
—
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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