Financial
Distress signals
Property profile

38552 Sussex Hwy Delmar, DE 19940

OFF-MARKET
Other commercial real estate
Property ID
US17-0385463
3 ac lot
Last sale Aug 2017 · $327,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located on the retail corridor along Route 13, with direct highway access and visibility from the roadway. It is configured to support multiple commercial uses, including retail, office, and flex applications. The existing building provides approximately 2,000 square feet of space that remains in an unfinished shell condition, allowing customization of the floor plan and interior finishes. In addition, the site includes a fully approved and permitted 10,000 square foot pad with a completed foundation, which is suitable for build-to-suit development.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$3k
Assessed land$3k
Effective rate324.40%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

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?

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

Zoning insight

What can be built here?
C-1
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm7.5
Skin Care Clinic7.7
Grocery Store7.6

Location

38552 Sussex Hwy Delmar, DE 19940-3596
County assessor Recorded deeds · 3 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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