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    00 County Seat Hwy Georgetown, DE 19947

    For Sale
    Contact for pricing

    Prime Sussex County Restaurant Site

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property presents a rare opportunity in the heart of Georgetown, Delaware's County Seat area. Situated on County Seat Highway, this high-visibility location offers unparalleled access and exposure to significant traffic volume. The site encompasses a proposed 6,400 square foot restaurant space, perfectly positioned for immediate development and occupancy. This pre-planned design offers a significant advantage for restaurateurs seeking a turnkey solution. In addition to the restaurant space, a substantial 12,000 square foot pad site is available for lease at a competitive rate of $18.00 per square foot, NNN. This expansive pad site provides ample room for a variety of commercial uses, complementing the restaurant or standing alone as a significant retail presence. The property's strategic location within the County Seat ensures high visibility and easy access for customers, making it an ideal investment for businesses seeking a thriving location in a growing community. The combination of the proposed restaurant and the large pad site offers flexibility and potential for significant return on investment. This is a truly unique opportunity to establish a strong commercial presence in a prime Sussex County location. Serious inquiries are encouraged to explore the potential of this exceptional property.

    Property Features for 00 County Seat Hwy

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Building Supply Wholesale Shop Gym & Fitness Food Market Grocery Store Supermarket

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Sussex
    State
    Delaware
    Longitude
    -75.47306
    Latitude
    38.6266

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    FAQs

    What type of property is this?
    Retail property - Prime Sussex County Restaurant Site
    Where is this retail property located?
    The property is located at 00 County Seat Hwy Georgetown, DE.
    (302) 674-3400
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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
    00 County Seat Hwy Georgetown, DE 19947
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