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    118 Park Ave Seaford, DE 19973

    Sponsored
    For Sale
    $650,000

    Ready-to-Build Commercial Land

    Property size:
    50,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4.84-acre commercial/light industrial site, located within the established Seaford Industrial Park at 118 Park Avenue, Seaford, Delaware, presents a unique opportunity for immediate development. The property boasts pre-approved plans for up to five 10,000 square foot buildings, totaling approximately 50,000 square feet. However, the approved plans allow for flexibility in building configuration to suit diverse needs. All necessary groundwork has been completed, streamlining the construction process. The site's location within the industrial park ensures convenient access to essential utilities, including readily available water, sewer, and electricity connections. This significantly reduces upfront costs and accelerates project timelines. This prime location offers substantial advantages for businesses seeking to establish a new facility or for investors looking to develop and lease commercial/industrial rental properties. The property's size and pre-approved status make it an ideal investment for those seeking a quick return on investment. With all the necessary approvals obtained, only specific building permits are required to commence construction. This turnkey opportunity is perfect for developers and businesses seeking a strategic location in a thriving industrial area. Don't miss this chance to acquire a fully prepared site ready for immediate development.

    Property Features for 118 Park Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    50,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Coffin Cremations Cremation Service Heavenly Gates Pet ... Pet Funeral Service Proven Perfomances LLC Metal Fabricator

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seaford
    County
    Sussex
    State
    Delaware
    Longitude
    -75.62664
    Latitude
    38.65773

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    FAQs

    What type of property is this?
    Commercial real estate - Ready-to-Build Commercial Land
    Where is this commercial real estate located?
    The property is located at 118 Park Ave Seaford, DE.
    What is the asking price?
    The asking price for this property is $650,000.
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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
    118 Park Ave Seaford, DE 19973
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