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Property profile & analytics
OFF-MARKET
Specialty properties
515 Ctr St Laurel, DE 19956-1331
Entity Owned
2-yr Hold
Free & Clear
Property ID
US17-0097188
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2014
Construction
WOOD FRAME
Total area
1,290 SF
Lot
0.08 ac (3,626 SF)
Zoning code
TN
APN
432-8.06-214.00
UPID
US17-0097188
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
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
Sussex County Habitat For Humanity · 2 yrs held
Sussex County Habitat For Humanity
since 2023
Last sale
$230,000
6 recorded transactions
Zoning & alternative use
TN · Laurel, 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 Laurel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurel 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
$698
Tax year 2023
Assessed value
$11,600
Assessed 2024
Previous assessed
$11,600
+0.0% YoY
Effective rate
6.02%
On assessed value
Assessed land
$300
Assessed improvement
$11,300
Land market value
$600
Improvement market value
$22,600
Total market value
$23,200
Applied tax rate
2.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2014
Construction
WOOD FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
8
Total area
1,290 SF
Lot
0.08 ac (3,626 SF)
Zoning code
TN
APN
432-8.06-214.00
UPID
US17-0097188
Jurisdiction
SUSSEX
Zoning & alternative use
TN · Laurel, DE
Zoning TN · permitted uses
TN · Laurel, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Rooms
8
Lot
0.08 ac
Current owner
From public records · entity-resolved
Sussex County Habitat For Humanity
Entity
Free & Clear · 2 yrs held
Mailing address
206 ACADEMY ST, GEORGETOWN, DE 19947-1947
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
—
Sussex County Habitat For Humanity
Christine C Smith
Deed
—
Nov 3, 2014
$138,215
Christine C Smith
Sussex Cnty Habitat Of Humanity I
Grant Deed
$50,758 · Fulton Bk
Aug 15, 2012
—
Sussex Cnty Habitat Of Humanity I
Mccann,robert W
Grant Deed
related
—
Jul 17, 2012
—
Robert W Mccann
Mccann,corissa M
Quit Claim Deed
—
Aug 11, 2008
$60,000
Robert W Mccann
Owner,record
Grant Deed
related
—
Jan 16, 2007
$120,000
Todd A Harris
Engle,ethel B
Grant Deed
—
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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