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Property profile & analytics
OFF-MARKET
Specialty properties
34476 Waters Run, Selbyville, DE 19975-4172
Trust Owned
3-yr Hold
Free & Clear
Property ID
US17-0295450
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Lot
1.63 ac (71,003 SF)
Zoning code
AR1
APN
533-12.00-20.00
UPID
US17-0295450
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
Marx Revocable Trust · 3 yrs held
Marx Revocable Trust
since 2023
7 recorded transactions
Zoning & alternative use
AR1 · Selbyville, 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 Selbyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selbyville 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
Assessed value
$26,400
Assessed 2024
Previous assessed
$26,400
+0.0% YoY
Assessed land
$2,950
Assessed improvement
$23,450
Land market value
$5,900
Improvement market value
$53,000
Total market value
$58,900
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Lot
1.63 ac (71,003 SF)
Zoning code
AR1
APN
533-12.00-20.00
UPID
US17-0295450
Jurisdiction
SUSSEX
Zoning & alternative use
AR1 · Selbyville, DE
Zoning AR1 · permitted uses
AR1 · Selbyville, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Selbyville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Lot
1.63 ac
Current owner
From public records · entity-resolved
Marx Revocable Trust
Trust
Free & Clear · 3 yrs held
Mailing address
6710 PO BOX 1761ST AVE, MILLSBORO, DE 19966-5761
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$33,000
Marx Revocable Trust
Francis J Letourneau
Deed
—
Jul 16, 2019
—
Waters Run Property Owners As
Npn Building II LLC
Grant Deed
related
—
Jul 2, 2019
—
Rodney A Rose
Npn Building II LLC
Grant Deed
related
—
Jun 11, 2019
$25,000
John J Aniunas
Npn Building II LLC
Grant Deed
—
Apr 16, 2019
—
Waters Run Prop Owners Assn In
Npn Building II LLC
Quit Claim Deed
related
—
Jan 4, 2017
$933,000
Npn Building II LLC
Lee,robert|wrdg LLC
Trustees Deed
—
Mar 29, 2010
—
B & T Lynch Family Ptshp LLC
Lynch,terry W & Barbara L
Quit Claim Deed
related
—
Mar 29, 2010
$1,450,000
Wrdg LLC
B & T Lynch Fam Psrtnership Ll
Grant Deed
$250,000 · Waters Run Investors LLC
Jan 7, 2005
—
B & T Lynch Family Partnership
Lynch,terry W & Barbara L
Quit Claim Deed
related
—
—
—
Wrdg LLC
—
Deed Of Trust
related
$1,125,000 · B&t Lynch Family Ptshp
—
—
Wrdg LLC
—
Deed Of Trust
related
$400,000 · Nvr INC
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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