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    1 & Old Bay Road Rehoboth Beach, DE 19971

    Picture of Commercial land at & Old Bay Road 1, Rehoboth Beach, DE
    Under Contract
    For Sale
    $1,100,000

    LAND - REHOBOTH BEACH, DE

    Lot size:
    0.86 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 1 & Old Bay Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    0.86 Acres

    Jack Lingo Realtor, Inc. (302) 226-6407 [email protected]

    Listing agent CARRIE LINGO (302) 645-2207 License #RS-0017885

    Listing date Oct 31, 2025

    MLS# DESU183522 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Coastal Highway

    Commercial vacant land is available on Coastal Highway, situated between Rehoboth and Dewey Beach, near Poynters Addition. The lot size is 0.86 acres. This location offers various possibilities for commercial development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rehoboth Beach
    County
    Sussex
    State
    Delaware
    Longitude
    -75.08427866
    Latitude
    38.70334871

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    FAQs

    What type of property is this?
    Commercial land - Vacant land near Rehoboth and Dewey Beach.
    Where is this commercial land located?
    The property is located at 1 & Old Bay Road Rehoboth Beach, DE.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Commercial vacant land available.; - Located on Coastal Highway.; - Prime location between Rehoboth and Dewey Beach.
    (302) 645-2207
    Request Owner's contact information
    1 & Old Bay Road Rehoboth Beach, DE 19971
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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
    1 & Old Bay Road Rehoboth Beach, DE 19971
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