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    Long Neck Rd Millsboro, DE 19966

    For Sale
    Contact for pricing

    Prime 2.68-acre lot, high visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 2.68-acre commercial parcel presents a rare opportunity in the thriving Millsboro, Delaware market. Located on heavily trafficked Long Neck Road (E Rt 22), between Lingo Lane and Rudder Road, this property boasts nearly 300 feet of road frontage, ensuring maximum visibility and accessibility. The land is currently vacant and offers significant potential for a wide range of commercial developments. Its strategic location within a bustling commercial area, surrounded by established retail and commercial businesses, makes it ideal for various uses. Consideration could be given to restaurants, retail establishments, medical facilities, daycare centers, banks, or even apartment complexes. This is one of the few remaining undeveloped commercial lots in the area, representing a unique chance to establish a prominent presence in a rapidly expanding market. The property is being offered for lease, sale, or build-to-suit, providing flexibility to suit individual needs and investment strategies. Don't miss this chance to secure a prime location in a high-growth area. Serious inquiries are encouraged. The property address is Long Neck Road E Rt 22, Millsboro, DE.

    Property Features for Long Neck Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    116,741 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    La Dolce Vita Italian Restaurant Malone's Bayside Marina Marina Longneck Deli Deli Bona Pizza Pizza Restaurant PAM Hair Studio ... Beauty Salon

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Millsboro
    County
    Sussex
    State
    Delaware
    Longitude
    -75.304
    Latitude
    38.5835

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.68-acre lot, high visibility.
    Where is this commercial real estate located?
    The property is located at Long Neck Rd Millsboro, DE.
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    Long Neck Rd Millsboro, DE 19966
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    Millsboro, DE 19966
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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
    Long Neck Rd Millsboro, DE 19966
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