Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office Spaces

    1546 Savannah Rd, Lewes, DE 19958

    3,200 SF 0.46 ac lot Built 1985
    Property ID
    US17-0279768
    Property summary
    AI-generated overview

    This exceptional 3,200 square foot office building, situated on a 0.46-acre lot at 1546 Savannah Road in Lewes, Delaware, presents a compelling investment opportunity. Boasting a highly visible location with excellent signage, this property currently generates over $120,000 in annual rental income. Significant upside potential exists to increase rental income by an estimated $60,000 or more through the addition of private office tenants. The building underwent a comprehensive renovation in 2008, and in 2023 received substantial upgrades including a new well, a new HVAC system, and a new propane tank. Security cameras are installed throughout the property for enhanced safety and security. This meticulously maintained property offers a blend of established income and significant growth potential, making it an attractive investment for discerning buyers. The property's prime location in Lewes, Delaware ensures high visibility and accessibility, attracting a diverse range of potential tenants. The recent upgrades demonstrate a commitment to maintaining the highest standards of quality and functionality. All offers will be considered. This is a rare opportunity to acquire a well-established, high-performing office building with substantial upside potential in a desirable location.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1985
    Total area 3,200 SF
    Lot 0.46 ac (20,038 SF)
    UPID US17-0279768
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Arrow Safety Device Company Building Supply General Contractor
    • Carol Daniels, EXP Realty, LLC Real Estate Agency
    • AnnieMac Home Mortgage - Lewes Loan Service Bank
    • All Pro Maids (Bike/Boat/Book/etc) Store
    • American Flag Guardians Advocacy Group Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1546 Savannah Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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