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Property profile

38188 Dupont Blvd Selbyville, DE 19975

FOR SALE
Other commercial real estate
Property ID
US17-0249913
0.75 ac lot
Last sale Dec 2020 · $190,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant facility that previously operated as the Cactus Cafe in the Selbyville area for approximately 30 years. It is located with frontage on U.S. Route 113, providing direct roadway access and visibility. The building is configured for restaurant operations and includes seating for up to 100 people, a full bar and service bar areas, and multiple televisions. On-site food storage includes a walk-in cooler and a walk-in freezer. The property provides approximately 50…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$48k
Assessed land$6k
Assessed improvement$41k
Effective rate4.13%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$7k
Operating expenses−$15k
NOI · 3.79% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$242/SF
County average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$111 – $477

Cap rate analysis

How does the asset earn?
3.79%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TN
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.1
Dental Office9.8
Garden Center8.8

Location

38188 Dupont Blvd Selbyville, DE 19975
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36674 Dupont Blvd, Selbyville, DE 19975-3007 $1,150,000 Feb 2026 No data
123 Dixon, Selbyville, DE 19975-3022 $910,000 Oct 2025 No data
38166 Dupont, Selbyville, DE 19975-3046 $800,000 Oct 2025 No data
64 Church St, Selbyville, DE 19975-2009 $239,000 Jul 2025 No data
23 Main, Selbyville, DE 19975-9664 $350,000 Feb 2025 No data
2 Church, Selbyville, DE 19975-9401 $300,000 Oct 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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