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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Commercial real estate
33404 Lakeside Cir Bethany Beach, DE 19930-4244
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US17-0444666
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
6.02 ac (262,231 SF)
Zoning code
HR2
APN
134-17.00-48.00
UPID
US17-0444666
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
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Andrew C Bolyard · 1 yrs held
Andrew C Bolyard
since 2024
Last sale
$615,000
7 recorded transactions
Zoning & alternative use
HR2 · Bethany Beach, 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 Bethany Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethany Beach 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
$615,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $615k (Nov 25 2024)
Last sale anchor
$615k
Nov 25 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
—
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
$6,998
Tax year 2023
Assessed value
$192,000
Assessed 2024
Previous assessed
$192,000
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$173,250
Assessed improvement
$18,750
Land market value
$301,000
Improvement market value
$37,500
Total market value
$338,500
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
Heating
NONE
Lot
6.02 ac (262,231 SF)
Zoning code
HR2
APN
134-17.00-48.00
UPID
US17-0444666
Jurisdiction
SUSSEX
Zoning & alternative use
HR2 · Bethany Beach, DE
Zoning HR2 · permitted uses
HR2 · Bethany Beach, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethany Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
6.02 ac
Current owner
From public records · entity-resolved
Andrew C Bolyard
Individual
Mailing address
9550 MANY MILE MEWS, COLUMBIA, MD 21046-2053
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
81 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2024
$615,000
Andrew C Bolyard
John B Fowler
Deed
—
Oct 2, 2024
$10,950
Kamran Miremadi Revocable Trust
Kamran Miremadi Revocable Trust
Deed
related
—
Aug 27, 2024
$420,000
Ace Cpastal Properties LLC
Fredrick A Bachl
Deed
—
Jul 16, 2024
$709,000
Paul Charles Allison
Lauren E Monaco
Deed
—
May 20, 2024
$550,000
Mark Barry Levin
Leslie K Coker
Deed
—
May 6, 2024
$439,000
Alison Pascale
Christy Moore Thomas Trust
Deed
—
Apr 30, 2024
$520,000
Ryan R Mclaughlin
Gerald M Kassalow
Deed
—
Dec 28, 2023
—
Marc Gary Augenbraum
Marc Gary Augenbraum
Deed
related
—
Nov 7, 2023
$389,900
Russell R Bear
William A Barth III
Deed
—
Aug 14, 2023
—
Alan L Walker Living Trust
Alan L Walker
Deed
—
Jul 19, 2023
$483,000
Raymond J Grzybowski
Siegel Racquet Lane LLC
Deed
—
Jul 5, 2023
$25,000
Lemmon Fuller LLC
Cmf Sc Owner LLC
Deed
—
Jul 3, 2023
$400,000
Woodland View LLC
Edgar D Dunn III
Deed
—
Jun 22, 2023
$560,000
Christopher Shawn Price
33557 Brighton Trail LLC
Deed
—
Jun 6, 2023
$445,000
Douglas S Henn
Danielle K Kulp
Deed
—
May 25, 2023
—
Louis M Marmon Living Trust
Louis M Marmon
Deed
—
May 23, 2023
—
Lemmon Fuller LLC
Gayle Denise Fuller
Correction Deed
related
—
May 17, 2023
—
22002 Timberview LLC
Spencer Schwartz
Deed
—
May 11, 2023
—
Nivole L Furphy
Adam J Furphy
Deed
related
—
May 10, 2023
$358,000
Kraig Gray
Ross E Eichberg
Deed
—
May 4, 2023
—
David Neil Powers
David N Powers
Deed
related
—
Jan 26, 2023
$525,000
Adam Brian Freedenberg
Howard W Zucker
Deed
—
Dec 14, 2022
—
Ronald B Axsom Ret
Ronald B Axsom
Deed
—
Nov 18, 2022
—
Ronald B Axsom
Axsom Ft
Deed
—
Nov 9, 2022
—
Anna Anghambehnam
—
Deed
related
$300,000 · Shore United Bank
Aug 11, 2022
—
Mary K Emadi
—
Deed
related
$364,500 · Fairway Independent Mortgage Corp
Jun 16, 2022
—
Charles S Smith
—
Deed
related
$250,000 · Rocket Mortgage
Apr 20, 2022
$25,000
Warren W Rice
Cmf Sc Owner LLC
Deed
—
Apr 5, 2022
—
Snyder E Wburnham
—
Deed
related
$200,000 · Direct Mortgage Loans
Dec 14, 2021
—
Kathleen S Luce
—
Deed
related
$133,500 · Fairway Independent Mortgage Corp
Dec 13, 2021
—
Lisa D O'neil
—
Deed
related
$510,000 · Jo Ann Devaney
Nov 19, 2021
—
Christine M Tam
—
Deed
related
$251,250 · Atlantic Bay Mortgage Group
Nov 15, 2021
—
Anil Vijayendran
—
Deed
related
$395,200 · Univest Bank And Trust Co
Nov 4, 2021
—
Lawrence J Weiner
—
Deed
related
$266,000 · Nfm Lending
Oct 19, 2021
—
Stacy M Spaulding
—
Deed
related
$175,000 · Direct Mortgage Loans
Oct 13, 2021
—
Hitesh Chitalia
—
Deed
related
$303,600 · Community Bank
Sep 7, 2021
—
Michael Bukrinksy
—
Deed
related
$180,593 · Federal Savings Bank
Sep 2, 2021
—
James L Grau
—
Deed
related
$225,000 · First Home Bank
Sep 1, 2021
—
Grace I Yu
—
Deed
related
$472,500 · Fairway Independent Mortgage Corp
Aug 30, 2021
—
Janet Muldoon
—
Deed
related
$247,000 · Wells Fargo Bank NA
Aug 25, 2021
—
Gebe M Johnson
—
Deed
related
$360,000 · Direct Mortgage Loans
Aug 12, 2021
—
Michael J Roth
—
Deed
related
$255,000 · Capital Bank NA
Aug 4, 2021
—
Xenia Kirilyuk
—
Deed
related
$364,800 · Mclean Mortgage Corp
Jul 13, 2021
$25,000
Davi C Terwilliger
Cmf Sea Colony Gl LLC
Deed
—
Jun 1, 2021
—
James E Tiernan
James E Tiernan
Deed
related
$142,500 · Nationstar Mortgage LLC
Apr 1, 2021
$23,390
Howard J Zwick
Cmf Sc Owner LLC
Deed
—
Mar 9, 2021
$25,000
Axsom Ft
Cmf Sc Owner LLC
Deed
—
Nov 25, 2020
—
Michelle D Garritty
Timothy F Garritty
Correction Deed
related
—
Oct 1, 2020
—
Judy R Guariglia
William E JR
Grant Deed
related
—
Sep 30, 2020
$325,000
Scott L Petryshak
Daniel J Rusk
Grant Deed
—
Aug 21, 2020
—
Deborah G Katz
Herbert R Cohen
Grant Deed
related
—
Aug 6, 2020
$265,000
Wayne Hausfeld
David F Jones
Grant Deed
—
Jun 29, 2020
$260,000
Masoud Sajjad
Seth D Torregiani
Grant Deed
$221,000 · Guaranteed Rate
Jun 4, 2020
—
Cmff Sea Colony Gl LLC
Carl M Freeman Foundation INC
Grant Deed
related
—
Jan 28, 2020
—
Carl M Freeman Foundation INC
Freedom Ftn Charitabtrust
Quit Claim Deed
related
—
Jul 8, 2019
—
Martha Alafoginis
Alafoginis,martha
Quit Claim Deed
—
Aug 14, 2018
—
Michael L Moroze
—
Deed
related
$215,000 · Fairway Independence Mtg Corp
May 8, 2018
—
Dale &e Janices Bk Hse LLC
Kaye,dale A & Janice R
Quit Claim Deed
related
—
Apr 18, 2018
—
Michele Dorsey
—
Deed
related
$289,600 · Prosperity Hm Mtg
Apr 17, 2018
—
Maria Dalton
—
Deed
related
$161,200 · Guaranteed Rate Affinity LLC
Feb 21, 2018
—
Joseph C Novak
—
Deed
related
$191,250 · Fairway Independence Mtg Corp
Jan 8, 2018
$149,000
Frederick A Bachl
Raffaella Cristanetti
Deed
—
Oct 2, 2017
—
Aref Milanizadeh
—
Deed
related
$207,000 · Suntrust Mortgage INC
Aug 29, 2017
—
Sarah S Torregiani
—
Deed
related
$180,000 · Wilmington Svg Fund Societyfsb
Aug 23, 2017
—
Michael George Wenk Rev Trust Dated
—
Deed
related
$185,625 · Fairway Independent Mortgage Corporation
Jul 11, 2017
—
Karen C Hinson
—
Deed
related
$171,750 · New Penn Financial LLC
May 26, 2017
$157,000
Rosanne Cristanetti
James D Colombo
Deed
—
Dec 7, 2012
—
Colony Recreational Assoc Sea
Carl M Freeman Assoc INC
Quit Claim Deed
related
—
Jul 13, 2011
—
Cmf Sc Owner LLC
Carl Freeman Assoc INC
Grant Deed
related
—
Feb 24, 2006
—
Colony Recreational Associ Sea
Carl Freeman Associates INC
Grant Deed
related
—
—
—
Joseph A Frick
—
Deed Of Trust
related
$26,893 · Wachovia Bank NA
—
—
Aas Realty Associates LLC
—
Deed Of Trust
related
$400,000 · Republic First Bank
—
—
Michele Dorsey
—
Deed Of Trust
related
$289,600 · Prosperity Hm Mtg
—
—
Todd M Wickwire
—
Deed Of Trust
related
$207,728 · Rbs Citizens Bank NA
—
—
George C White
—
Deed Of Trust
related
$100,000 · Wachovia Bank Of Delaware NA
—
—
Sarah S Torregiani
—
Deed Of Trust
related
$180,000 · Wilmington Svg Fund Societyfsb
—
—
Anna Fuller-collins
—
Deed Of Trust
related
$100,000 · Wachovia Bank Of Delaware NA
—
—
Michael L Moroze
—
Deed Of Trust
related
$215,000 · Fairway Independence Mtg Corp
—
—
Douglas J Morgan
—
Deed Of Trust
related
$13,000 · Wells Fargo Bank
—
—
Joseph C Novak
—
Deed Of Trust
related
$191,250 · Fairway Independence Mtg Corp
—
—
Maria Dalton
—
Deed Of Trust
related
$161,200 · Guaranteed Rate Affinity LLC
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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