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    1120 S Central Ave Laurel, DE 19956

    For Lease
    $13 SF/Yr

    CommercialLease - LAUREL, DE

    Type:Retail
    Lot size:
    4.40 Acres
    Days on Market:
    174
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1120 S Central Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    33
    Parking features
    Parking Lot
    Lot size
    4.40 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Building materials
    Concrete

    SVN/Miller Commercial Real Estate (410) 543-2440 [email protected]

    Listing agent Meredith M. Mears (443) 944-4464

    Listing date Jun 15, 2025

    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

    High-Visibility Laurel Commercial Space

    Located in the heart of Laurel, Delaware, 1120 S Central Avenue is available for lease. The property offers a high-visibility location less than two miles from Johnny Janosik's World of Furniture on Route 13. The space, previously operated as a pharmacy for over 20 years, features an open floorplan suitable for various retail, office, or service-based uses. The C-B zoning allows for a wide range of permitted businesses, including daycare centers, restaurants, coffee shops, medical clinics, and grocery stores. The property is a well-positioned commercial space with flexible zoning and accessibility and has been recently upgraded. The lot size is 4.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Drug Store Coinhub Bitcoin ATM ... Atm Kurt Keglovits Pharmacy Western Union Money Transfer Service higi Health Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Sussex
    State
    Delaware
    Longitude
    -75.56943
    Latitude
    38.54782

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    FAQs

    What type of property is this?
    Retail property - Adaptable commercial space in Laurel, Delaware, with flexible zoning.
    Where is this retail property located?
    The property is located at 1120 S Central Ave Laurel, DE.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location in the heart of Laurel, Delaware.; - Adaptable open floorplan suitable for retail, office, or service-based businesses.; - C-B zoning allows for a wide range of permitted businesses (daycare, restaurants, medical clinics, etc.).
    (443) 944-4464
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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
    1120 S Central Ave Laurel, DE 19956
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