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    Property profile & analytics

    Ocean View, DE 19970

    • Commercial real estate
    • 6.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US17-0354666
    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

    • Commercial real estate

    Property Details

    Lot size
    6.21 lot acres
    Zone code
    C1
    Property type
    Commercial real estate
    APN
    134-12.00-3.03
    APU
    1341200303

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocean View
    County
    Sussex
    State
    Delaware
    Longitude
    -75.1313
    Latitude
    38.552
    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
    $776
    $9,000
    $0.00
    $9,000
    -
    $18,000
    $0.00
    $18,000

    Comparable in this City

    • Value Estimation by Request

      Ocean View, DE 19970

      COMMERCIAL (GENERAL)
      Ocean View, DE 19970
      View Details
    • Value Estimation by Request

      92 Atlantic Ave, Unit D

      COMMERCIAL CONDOMINUIM
      92 Atlantic Ave, Ocean View, DE 19970-9178
      View Details
    • Value Estimation by Request

      92 Atlantic Ave, Unit B1

      COMMERCIAL CONDOMINUIM
      92 Atlantic Ave, Ocean View, DE 19970-9178
      View Details
    • Value Estimation by Request
      1.63 Acres

      Ocean View, DE 19970

      COMMERCIAL (GENERAL) • 1.63 Acres
      Ocean View, DE 19970
      View Details
    • Value Estimation by Request
      0.44 Acres

      32 Atlantic Ave

      COMMERCIAL (GENERAL) • 0.44 Acres
      32 Atlantic Ave, Ocean View, DE 19970
      View Details
    • Value Estimation by Request

      92 Atlantic Ave Ste C

      COMMERCIAL CONDOMINUIM
      92 Atlantic Ave Ste C, Ocean View, DE 19970-9178
      View Details

    Similar Nearby for Sale

    • $159,900
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      Ocean View Land For Sale

      Wooded lot near beaches, shopping, and restaurants in Ocean View.
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      Half-acre lot near beaches, suitable for rental or family home.
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      Ocean View Specialty Property

      Specialty property for sale in Ocean View, Delaware.
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      Ocean View Land For Sale

      Land available in Ocean View, Delaware.
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    Similar Nearby for Lease

    • $4,500 /Mo
      25,265 SF

      Commercial Building with Ocean Views

      Commercial building for lease with retail and office space.
      19 Atlantic Ave, Ocean View, DE 19970
      View Details
    • New
      $2,750 /Mo
      64,904 SF

      Retail Space in Ocean View

      Retail space for lease in Ocean View, Delaware.
      101 Atlantic Ave, Ocean View, DE 19970
      View Details
    • $21 SF/Yr
      87,556 SF

      Commercial Space in Ocean View

      Well-located commercial space suitable for various business types.
      111 Atlantic Ave, Ocean View, DE 19970
      View Details
    • $8 SF/Yr
      7,341 SF

      Conditioned Warehouse Near Delaware Beaches

      7341 SF conditioned warehouse space, one mile from Route 1.
      30447 Cedar Neck Rd, Ocean View, DE 19970
      View Details
    • Contact for pricing
      1,285 SF

      New Retail Space Available

      New retail building with high-traffic location near the beach.
      31308 Railway Rd, Ocean View, DE 19970
      View Details
    • $22 SF/Yr

      Ocean View Retail/Office Space

      Flexible 2,200 SF space in high-traffic plaza.
      29 Atlantic Ave, Ocean View, DE 19970
      View Details
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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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