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Property profile & analytics
OFF-MARKET
Commercial real estate
39848 Summer Pl Ct Bethany Beach, DE 19930
Individually Owned
Absentee Owner
Free & Clear
Property ID
US17-0305043
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.52 ac (22,843 SF)
Zoning code
C-1
APN
134-17.00-53.01
UPID
US17-0305043
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
-
Summer Place Hotel & Motel Bed & Breakfast
-
Bethany Beach Inn Hotel & Motel Bed & Breakfast
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
James Digiorgio
James Digiorgio
since 2026
7 recorded transactions
Zoning & alternative use
C-1 · Bethany Beach, 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 Bethany Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethany Beach 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
$1,637
Tax year 2023
Assessed value
$39,600
Assessed 2024
Previous assessed
$39,600
+0.0% YoY
Effective rate
4.13%
On assessed value
Assessed land
$29,300
Assessed improvement
$10,300
Land market value
$58,600
Improvement market value
$20,600
Total market value
$79,200
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
Heating
NONE
Lot
0.52 ac (22,843 SF)
Zoning code
C-1
APN
134-17.00-53.01
UPID
US17-0305043
Jurisdiction
SUSSEX
Zoning & alternative use
C-1 · Bethany Beach, DE
Zoning C-1 · permitted uses
C-1 · Bethany Beach, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethany Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.52 ac
Current owner
From public records · entity-resolved
James Digiorgio
Individual
Free & Clear · 0 yrs held
Mailing address
236 PO BOX 1423RD LN, COLUMBIA, MD 21044-0423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
118 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
James Digiorgio
Cecelia Engelhard Kenney
Deed
—
Jan 15, 2026
$1,500
Dan Bolling
Jorgene I Barton
Deed
related
—
Dec 1, 2025
$1,000
Edawrd J Miller
Cawkwell Elizabeth B Est
Deed
—
Dec 1, 2025
$594
Summer Place Resort Association
Foley Rita J Est
Deed
—
Nov 26, 2025
$2,500
Michael B Marchiondo
C Sue Stevens Forbes
Deed
—
Nov 13, 2025
$1,500
Dan Bolling
Jorgene I Barton
Deed
—
Oct 24, 2025
$1,000
Martin E Cheesman
Summer Place Resort Association
Deed
—
Oct 23, 2025
$2,500
Michael B Marchiondo
Carolyn Sue Stevens Forbes
Deed
—
Oct 16, 2025
$599
Summer Place Resort Association
Michael J Sullivan
Deed
—
Sep 5, 2025
—
Marie Zwickert & Robert Young Ret
Robert H Young
Deed
related
—
Aug 22, 2025
—
Warren G Laheist
Warren G Laheist
Deed
related
—
Aug 21, 2025
—
Warren G Laheist
Warren D Laheist
Deed
related
—
Jul 10, 2025
$1,000
Eric J Hatcher
Summer Place Resirt Association
Deed
—
Jun 25, 2025
$478
Summer Place Resort Association
Bonnie Sandera
Deed
—
Jun 12, 2025
$462
Summer Place Resort Association
Gerry & Kathleen M Alker Trust
Deed
—
May 29, 2025
—
Michelle L Mauncele
James E Brooks
Deed
related
—
May 29, 2025
$462
Summer Place Resort Association
David T Hoffman
Deed
—
Apr 15, 2025
—
James G Bechard
Gary L Bechard
Deed
related
—
Mar 27, 2025
$8,250
Nicholas M Suppes
Walter D Medley JR
Deed
—
Feb 6, 2025
$461
Summer Place Resort Association
Jana Kaplan Fastow
Deed
—
Dec 30, 2024
$478
Vickie Marie Simmers
Richard C Tatum
Deed
—
Dec 19, 2024
$478
Summer Place Resort Assn
Ernest W Fucella
Deed
—
Dec 4, 2024
$470
Summer Place Resort Association
Raymond Cv Robinson JR
Deed
—
Nov 26, 2024
$1,000
Suzanne O'brien
Lanny Eckenrode
Deed
—
Oct 23, 2024
$620
Summer Place Resort Assocation
Linda Howard
Deed
—
Oct 23, 2024
$477
Summer Place Resort Assocation
Vivian C Thomas
Deed
—
Oct 23, 2024
—
Kyle A Connor
Carol F Connor
Deed
related
—
Oct 18, 2024
$8,000
Alfred P Bozella
Sue Forbes
Deed
—
Oct 10, 2024
—
Anne Marie Peurasaari
Annemarie Peurasaari
Deed
related
—
Jul 23, 2024
$7,250
Kenneth W Kutchen
Manuel C Dialino
Deed
—
May 31, 2024
$599
Summer Place Resort Association
Sharon K Frank
Deed
—
May 31, 2024
$461
Summer Place Resort Association
Sharon K Frank
Deed
—
May 31, 2024
$477
Summer Place Resort Association
Sharon K Frank
Deed
—
May 28, 2024
$4,000
Christopher Finklea
Gail M Masiello Living Trust
Deed
—
May 6, 2024
$1,000
Lizabeth Leighton
Summer Place Resort Association
Deed
—
May 3, 2024
$500
Kathy Nuss
Summer Place Resort Association
Deed
—
Mar 26, 2024
$500
Lizabeth Leighton
Harold L Schlemmer
Deed
—
Mar 14, 2024
$477
Summer Place Resort Association
Tobe Lunsford
Deed
—
Mar 11, 2024
$477
Summer Place Resort Association
Mary Helen Whalen
Deed
—
Mar 8, 2024
$456
Summer Place Resort Association
Georgia M Bresch
Deed
—
Jan 29, 2024
—
Joseph G Cioffi
Anthony Cioffi
Deed
related
—
Sep 6, 2023
$470
Summer Place Resort Association
Ernest A Schott
Deed
—
Sep 6, 2023
—
Richard A Gilcrest
Maria G Gilcrest
Deed
related
—
Aug 31, 2023
—
Rafael L Torrijos
Salome L Torrijos Revocable Trust
Deed
—
Jul 31, 2023
$3,000
Robert R Pope
Harold P Dorin
Deed
—
May 22, 2023
$454
Summer Place Resort Association
Larry M Pfeiffer
Deed
—
Apr 4, 2023
—
Chery L Walsh
Robert C Newton
Deed
—
Mar 16, 2023
$470
Summer Place Resort Association
Carla P Barnes
Deed
—
Mar 15, 2023
$454
Summer Place Resort Association
Joseph J Pallozzi
Deed
—
Feb 28, 2023
$454
Summer Place Resort Association
Lynne Cushworth
Deed
—
Feb 28, 2023
$589
Summer Place Resort Association
Robert C Guy
Deed
—
Feb 24, 2023
$470
Summer Place Resort Association
Andrew N Seannell
Deed
—
Feb 21, 2023
$470
Summer Place Resort Association
Patricia Lacono
Deed
—
Jan 31, 2023
$454
Summer Place Resort Association
R Edward
Deed
—
Jan 31, 2023
$470
Summer Place Resort Association
Cynthia L Calbro
Deed
—
Jan 12, 2023
$454
Summer Place Resort Association
Ellis Ethel Jeanine Est
Deed
—
Dec 30, 2022
$610
Summer Place Resort Association
Agnes Magnino
Deed
—
Dec 22, 2022
—
Summer Pl Rsrt Assn
Dana M Clemens
Deed
—
Dec 21, 2022
$315
Summer Pl Rsrt Assn
Kevin P Walls
Deed
—
Nov 17, 2022
$470
Summer Pl Rsrt Assn
Lila Hunter
Deed
—
Nov 17, 2022
$611
Veradie L Ore
Rescoe Horace Est
Personal Representative Deed
—
Oct 12, 2022
—
Bryan T Edwards
Bried Pamela J Est
Personal Representative Deed
—
Sep 8, 2022
$456
Summer Pl Rsrt Assn
Edward C Shimerda
Deed
—
Sep 7, 2022
$593
Summer Pl Rsrt Assn
Roscoe C Barnes
Deed
—
Aug 29, 2022
$456
Summer Pl Rsrt Assn
Suzette B Bettencourt
Foreclosure
related
—
Aug 25, 2022
—
John J Clubb
Clubb Caroline D Est
Personal Representative Deed
—
Aug 25, 2022
$456
Summer Pl Rsrt Assn
Michael J Keys
Foreclosure
related
—
Aug 23, 2022
$456
Summer Pl Rsrt Assn
Terrance R Reyburn
Quit Claim Deed
related
—
Aug 19, 2022
$5,000
Brad F Trutt
Raymond F Huber
Deed
—
Aug 18, 2022
$456
Summer Pl Rsrt Assn
Arthur T Cox
Quit Claim Deed
related
—
Jul 18, 2022
$456
Summer Pl Rsrt Assn
Evelyn V Engelke
Foreclosure
related
—
Jul 15, 2022
$2,000
Jeremy A Pennington
William G Ashcom
Deed
—
Jun 23, 2022
—
Samuel J Faigley
Suezanne Artzner
Deed
—
May 17, 2022
$456
Summer Pl Rsrt Assn
Richard E Dellinger
Foreclosure
related
—
May 16, 2022
$441
Summer Pl Rsrt Assn
Thomas J Bresnahan
Foreclosure
related
—
May 16, 2022
$456
Summer Pl Rsrt Assn
Mcfee Mary Virginia Est
Foreclosure
related
—
May 13, 2022
$573
Celester Bowler
Summer Pl Rsrt Assn
Deed
—
Apr 7, 2022
$441
Summer Pl Rsrt Assn
Grimes Richard Est
Foreclosure
related
—
Apr 4, 2022
$1,200
Sarah E Adams
Ruth D Park
Deed
—
Apr 4, 2022
$456
Summer Pl Rsrt Assn
Mauricio M Garrido
Foreclosure
related
—
Mar 25, 2022
—
Gerson N Kaplan
Gerson N Kaplan
Deed
related
—
Mar 25, 2022
$456
Summer Pl Rsrt Assn
Smith-waison Marion O Est
Foreclosure
related
—
Mar 22, 2022
—
Cheryl R Walker
Walker Jean Gloria Est
Personal Representative Deed
—
Mar 1, 2022
$456
Summer Pl Rsrt Assn
Kevin D Cook
Foreclosure
related
—
Mar 1, 2022
—
Clark Carr
Martin A Carr
Deed
related
—
Nov 17, 2021
—
P L&gail L Servary Ft
Paul L Servany
Deed
—
Nov 17, 2021
$456
Summer Pl Rsrt Assn
Edward T Royer
Foreclosure
related
—
Nov 9, 2021
$441
Summer Pl Rsrt Assn
Ronalda Allen
Foreclosure
related
—
Nov 9, 2021
—
Brian Ziolkowski
Robert A Ziolkowski
Deed
related
—
Nov 8, 2021
$593
Summer Pl Rsrt Assn
Dannie Brooks
Foreclosure
related
—
Oct 29, 2021
—
Michael B Marchindo
Michael B Marchindo
Deed
related
—
Oct 15, 2021
—
Benjamin H Amoss
Benjamin H Amoss
Deed
related
—
Oct 7, 2021
—
Donte E Bowler
Donte E Bowler
Deed
related
—
Oct 1, 2021
$902
James S Tolson
Randy Tolson
Deed
related
—
Sep 24, 2021
$1,200
John White
William G Watson
Deed
—
Sep 23, 2021
—
Diane Saltsman
Diane Saltsman
Deed
related
—
Sep 2, 2021
—
Maria G Gilcrest
Luz C Galito
Deed
—
Aug 4, 2021
—
Peter H Kamenik
Peter H Kamenik
Deed
related
—
Aug 2, 2021
—
Sandra Morgan
Coyle Evelyn E Est
Personal Representative Deed
—
Jun 7, 2021
$4,000
Kenneth W Kutchen
Lewis S Goldberg
Deed
—
May 21, 2021
$500
Gregory Ross
Summer Pl Rsrt Assn
Deed
—
May 13, 2021
$435
James M Walter
Summer Pl Rsrt Assn
Deed
—
May 6, 2021
$546
Summer Pl Rsrt Assn
Catherine A Shoop
Deed
—
May 5, 2021
$420
Summer Pl Rsrt Assn
Philip Yarnall
Deed
—
May 5, 2021
$5,000
Mary M Anderson
Frances V Anderson
Deed
related
—
Mar 11, 2021
$435
Summer Pl Rsrt Assn
George E Walter
Deed
—
Mar 10, 2021
$435,315
Summer Pl Rsrt Assn
Michael J Grandy
Deed
—
Nov 30, 2020
—
Summer Place Resort Associatio
Holly J Gray
Grant Deed
related
—
Aug 8, 2018
$735
Summer Place Resorts Assn
Saxena,virendra K & Sharmila
Grant Deed
related
—
Feb 20, 2018
—
Summer Place Resort Assn
Telson,lynn H & Stanley A
Warranty Deed
—
Jan 9, 2018
—
Summer Place Resort Assn
Banks,lisa A
Grant Deed
related
—
Sep 7, 2017
$2,500
Joseph J Valenti
Dysard,juanita
Grant Deed
—
Jun 27, 2017
—
Meredith N Chadwick
Chadwick,michael W
Quit Claim Deed
—
Jun 27, 2017
$2,800
Annemarie Peurasaari
Chadwick,michael W
Grant Deed
—
Jul 22, 2011
—
Charles Banynard
Magsamen,helen P
Grant Deed
related
—
Apr 8, 2010
—
Suzette B Bettencourt
Brown,william W
Quit Claim Deed
related
—
Sep 22, 2008
—
Bertha Hlaban-son
Blair,david C
Warranty Deed
related
—
Oct 17, 2006
$2,500
Anne L Menaquale
Lee,allen K
Grant Deed
related
—
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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