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Property profile & analytics
OFF-MARKET
Commercial real estate
35745 Atlantic Ave Millville, DE 19967-6944
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US17-0226603
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2020
Construction
WOOD FRAME
Total area
10,128 SF
Lot
1.03 ac (44,867 SF)
Zoning code
TN
APN
134-12.00-280.00
UPID
US17-0226603
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
-
Bay to Beach Builders at Ocean View Construction Company General Contractor
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
E Gray Investments LLC · 8 yrs held
E Gray Investments LLC
since 2017
Last sale
$400,000
4 recorded transactions
Zoning & alternative use
TN · Millville, 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 Millville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millville 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
$4,997
Tax year 2023
Assessed value
$9,650
Assessed 2024
Previous assessed
$9,650
+0.0% YoY
Effective rate
51.78%
On assessed value
Assessed land
$4,350
Assessed improvement
$5,300
Land market value
$10,000
Improvement market value
$191,700
Total market value
$201,700
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2020
Construction
WOOD FRAME
Heating
YES
Cooling
NONE
Stories
2
Total area
10,128 SF
Lot
1.03 ac (44,867 SF)
Zoning code
TN
APN
134-12.00-280.00
UPID
US17-0226603
Jurisdiction
SUSSEX
Zoning & alternative use
TN · Millville, DE
Zoning TN · permitted uses
TN · Millville, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
E Gray Investments LLC
Entity
Mailing address
11010 SUNNYSIDE RD, BRIDGEVILLE, DE 19933-3942
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2017
$400,000
E Gray Investments LLC
Quillen,ruby A
Grant Deed
—
Jan 21, 2010
—
State Of Delaware
Quillen,ruby A
Grant Deed
related
—
Mar 16, 2005
—
Properties-baltimore I Caldera
Hickman,jackie Trustee J & N Hickma
Grant Deed
related
—
—
—
Jennifer L Klein-kearns
—
Deed Of Trust
related
$279,900 · Countrywide 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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