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Property profile

38365 Old Stage Rd Delmar, DE 19940

OFF-MARKET
Commercial real estate
Property ID
US17-0082734
1,400 SF 18.96 ac lot Built 1989
Last sale Nov 2017 · $360,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address.
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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?
$21k
Tax billed · 2023
Assessed value · 2024$13k
Assessed land$8k
Assessed improvement$5k
Effective rate159.58%

Value estimate

· Oct 2026
$225k
$203k – $248k

Realmo valuation models over county records and 12 qualifying comparable sales.

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
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.0
Law Firm10.9
Realty agency10.7

Location

38365 Old Stage Rd Delmar, DE 19940-3569
County assessor Recorded deeds · 8 transfers 12 qualifying comp sales 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
36671 Sussex Hwy, Delmar, DE 19940-3505 $1,931,833 Jul 2025 No data
105 State, Delmar, DE 19940-1155 $285,000 Feb 2025 No data
34911 Bi State, Delmar, DE 19940-3349 $408,000 Feb 2025 6,108 SF
36877 Bi State, Delmar, DE 19940-3428 $478,000 Jan 2024 1,248 SF
9320 Old Racetrack, Delmar, DE 19940-3366 $600,000 Jun 2023 1,440 SF
9283 Old Racetrack, Delmar, DE 19940-3398 $622,000 Jul 2020 2,520 SF
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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