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Property profile & analytics
OFF-MARKET
Commercial real estate
954 Vandyke Greenspring Rd Townsend, DE 19734-9218
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US17-0136176
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1970
Total area
1,125 SF
Lot
1.43 ac (62,291 SF)
Zoning code
NC40
APN
14-022.00-031
UPID
US17-0136176
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
Ronald W Neale · 6 yrs held
Ronald W Neale
since 2020
7 recorded transactions
Zoning & alternative use
NC40 · Townsend, 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 Townsend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Townsend 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
$1,288
Tax year 2023
Assessed value
$50,100
Assessed 2023
Previous assessed
$50,100
+0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$9,400
Assessed improvement
$40,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 CONDOMINUIM
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
6
Bathrooms
1
Total area
1,125 SF
Lot
1.43 ac (62,291 SF)
Zoning code
NC40
APN
14-022.00-031
UPID
US17-0136176
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
NC40 · Townsend, DE
Zoning NC40 · permitted uses
NC40 · Townsend, DE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Townsend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Ronald W Neale
Individual
Mailing address
954 VANDYKE GREENSPRING RD, TOWNSEND, DE 19734-9218
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2020
—
Ronald W Neale
PC Premiere Properties LLC
Deed
$243,920 · Wells Fargo Bank NA
Mar 3, 2020
—
PC Premier Properties LLC
—
Deed
related
$25,000 · Hung Q & Anh Q Nguyen
Dec 11, 2019
—
PC Premiere Properties LLC
U S Bank National Association
Deed
$160,000 · Shallcross Mortgage Company
Jul 25, 2019
—
Us Bk NA
Helm Jeffrey M SR
Deed In Lieu Of Foreclosure
related
—
Oct 18, 2004
$10
Jeffrey M Helm SR.
Conn,david A & Jeannine L
Grant Deed
related
$116,000 · America's Wholesale Lender
—
—
PC Premier Properties LLC
—
Deed Of Trust
related
$25,000 · Hung Q & Anh Q Nguyen
—
—
Jeffery M Helm SR.
—
Deed Of Trust
related
$29,000 · Countrywide Home Loans INC
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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