Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    37214 HUDSON ROAD Selbyville, DE 19975

    View on Map
    Claim this Listing
    For Sale
    $750,000

    LAND - SELBYVILLE, DE

    Lot size:
    7.47 Acres
    Added:
    Apr 16, 2024
    Days on Market:
    752
    Last Refresh:
    May 7 at 10:06 pm

    Property Features for 37214 HUDSON ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    7.47 Acres

    Taxes and HOA fees

    Tax Annual Amount
    101

    We can help!

    Listing Contact
    Gary Brittingham

    Listing agent Gary Brittingham License #RS0015331

    Listing office JACK LINGO MILLSBORO 28442 DuPont Boulevard, Rehoboth Beach, DE

    Listing date Apr 16, 2024

    MLS# DESU2060144 Listing URL

    Copyright © 2026 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.

    HighLights

    • Development potential: Subdividable into 5 lots.
    • Large acreage: 10 clear acres.
    • Excellent frontage: 630 feet on Hudson Road and 350 feet on Lynch Road.
    • Prime location: Corner lot at Hudson and Lynch Road.
    • Proximity to resort areas: Less than 10 miles from Bethany Beach, Fenwick Island, Ocean City MD, and Assateague Island.
    • Convenient access: Located between Rt 17 and Rt 20.

    Overview

    Selbyville Land with Development Potential

    This 7.47-acre land parcel, located at the corner of Hudson and Lynch Road just east of Selbyville, offers development potential. The property features 630 feet of frontage on Hudson Road and 350 feet of frontage on Lynch Road, presenting a country setting. It is situated less than 10 miles from the resort areas of Bethany Beach, Fenwick Island, Ocean City Md., and Assateague Island. According to Sussex County planning and zoning, there is potential to subdivide the land into 5 lots. The location is between Route 17 and Route 20, with Hudson Road dead-ending at West Line Road, which is the Delaware/Maryland State Line.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility HVAC Service Discount Store Garden Center Car Rental Facility Barber Shop (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Selbyville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.18252
    Latitude
    38.45608

    Nearby Similar for Sale

    • $799,900
      2,500 SF

      Renovated Quadplex: Investor Opportunity

      Rare, renovated quadplex with strong income potential in high-demand rental market.
      62 W CHURCH Street, SELBYVILLE, DE 19975
      View Details
    • $300,000

      Residential Land in Swann Keys

      Desirable canal-front community lot near beaches, no lot rent.
      37803 SWANN Drive, SELBYVILLE, DE 19975
      View Details
    • $750,000
      9,000 SF

      Approved Commercial Site on Dupont

      Ready-to-build commercial site in high-traffic area.
      38177 and 38133 DUPONT Blvd, Selbyville, DE 19975
      View Details
    • $290,000

      Selbyville Land Ready to Build

      0.75 acre lot with public utilities near Fenwick Island.
      SUNNY WINTERS lot: 16, SELBYVILLE, DE 19975
      View Details
    • $215,000

      Wooded Lot Near Fenwick Beaches

      Wooded lot near beaches for your dream beach house.
      37614 FENWICK Circle, SELBYVILLE, DE 19975
      View Details
    • $530,000

      Selbyville Land Near Beaches

      14+ acres of land, close to Bethany and Fenwick beaches.
      0 SR 17 ROXANA RD, SELBYVILLE, DE 19975
      View Details
    • $799,900

      Renovated Quadplex: Investor Opportunity

      Extensively renovated quadplex with strong income potential in high-demand rental market.
      62 W CHURCH St, Selbyville, DE 19975
      View Details
    • $3,900,000

      Prime Commercial Site on RT 54

      2.36 acre commercial site near beaches and major routes.
      34861 W LINE ROAD, SELBYVILLE, DE 19975
      View Details
    • $229,000

      Selbyville Land: Build Your Dream

      One-acre lot near beaches with public water and sewer.
      RT 54, SELBYVILLE, DE 19975
      View Details
    • $520,000

      Luxurious Condo in Bayside Resort

      Spacious, fully furnished condo with resort-style amenities and convenient location.
      31574 WINTERBERRY PKWY #208B, SELBYVILLE, DE 19975,
      View Details
    • $340,000

      Land For Sale

      Land available on Swann Dr, Selbyville.
      37838 Swann Dr, Selbyville, DE 19975
      View Details
    • Contact for pricing
      39,500 SF

      Selbyville Industrial Property For Sale

      39,500+ SF industrial space with long-term tenant.
      7 Hosier St, Selbyville, DE 19975
      View Details

    FAQs

    What type of property is this?
    Commercial land - 7.47 acres near resort areas with subdivision potential.
    Where is this commercial land located?
    The property is located at 37214 HUDSON ROAD Selbyville, DE.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Development potential: Subdividable into 5 lots.; Large acreage: **10 clear acres**.; Excellent frontage: **630 feet on Hudson Road** and 350 feet on Lynch Road.
    (302) 934-3970
    We can help!
    Listing Contact
    Gary Brittingham
    Real Estate License ID: RS0015331
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    37214 HUDSON ROAD, SELBYVILLE, DE 19975
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!