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    Property profile & analytics

    498 Mitchell St Millsboro, DE 19966-9404

    • Industrial properties
    • 2.95 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US17-0425495
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 498 Mitchell St

    Lot size
    2.95 lot acres
    Zone code
    TN
    Property type
    Industrial properties
    APN
    233-5.00-10.05
    APU
    2335001005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Millsboro
    County
    Sussex
    State
    Delaware
    Longitude
    -75.2849
    Latitude
    38.5764
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $457
    $11,050
    $0.00
    $11,050
    -
    $22,100
    $0.00
    $22,100

    Comparable in this City

    • Value Estimation by Request
      33.92 Acres

      29984 Pinnacle Way

      INDUSTRIAL (GENERAL) • 33.92 Acres
      29984 Pinnacle Way, Millsboro, DE 19966-8707
      View Details
    • Value Estimation by Request
      4.22 Acres

      28665 Dupont Blvd

      INDUSTRIAL (GENERAL) • 4.22 Acres
      28665 Dupont Blvd, Millsboro, DE 19966-4784
      View Details
    • Value Estimation
      $235,000
      50.00 Acres

      Millsboro, DE 19966

      INDUSTRIAL (GENERAL) • 50.00 Acres
      Millsboro, DE 19966
      View Details
    • Value Estimation by Request
      668 SF

      499 Mitchell St

      INDUSTRIAL (GENERAL) • 668 SF
      499 Mitchell St, Millsboro, DE 19966-9408
      View Details
    • Value Estimation by Request
      36.98 Acres

      Industrial St

      Land • 36.98 Acres
      0 Industrial St, Long Neck, DE 19966
      View Details
    • Value Estimation
      $310,000
      11.62 Acres

      28687 Dupont Blvd

      INDUSTRIAL (GENERAL) • 11.62 Acres
      28687 Dupont Blvd, Millsboro, DE 19966-4784
      View Details

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    498 Mitchell St
    Millsboro, DE 19966-9404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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