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    Sussex Hwy Laurel, DE 19956

    For Sale
    $700,000

    LAND - LAUREL, DE

    Lot size:
    24.00 Acres
    Days on Market:
    193
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for Sussex Hwy

    General Information

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

    Cooper Realty, Associates Inc. (302) 644-2266 [email protected]

    Listing agent LEWIS W BRIGGS II (302) 856-6434 License #RS-0018820

    Listing date Jun 5, 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

    Prime Land on Sussex Highway

    This property is a 24-acre parcel of commercial land located on Sussex Highway (Route 13) in Laurel, Delaware. Situated on a major north-south corridor connecting Virginia, Maryland, and northern Delaware, the property benefits from high traffic volume. The west side of Sussex County is considered a strong potential growth area, presenting an opportunity for investment.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Laurel
    County
    Sussex
    State
    Delaware
    Longitude
    -75.55635863
    Latitude
    38.53404359

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    FAQs

    What type of property is this?
    Commercial land - 24 acre commercial land on busy Sussex Highway (Route 13).
    Where is this commercial land located?
    The property is located at Sussex Hwy Laurel, DE.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Prime location on HIGH-TRAFFIC Sussex Hwy (Rt. 13).; - Major North-South corridor access.; - Strong potential growth area in west Sussex County.
    (302) 856-6434
    Request Owner's contact information
    Sussex Hwy Laurel, DE 19956
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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
    Sussex Hwy Laurel, DE 19956
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