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    7 Hosier Street Ext Selbyville, DE 19975

    For Sale
    $2,350,000

    High-yield industrial property with long-term tenant.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional industrial property in Selbyville, Delaware presents a compelling investment opportunity. The property encompasses over 39,500 square feet of warehouse, office, and showroom space distributed across three buildings situated on a 1.13-acre lot. Currently occupied by DB Home Designs, a subsidiary of a $1.5 billion privately held company, this property boasts a long-standing and reputable tenant with a proven track record. Since 1969, the site has housed Cabinetry Unlimited, a well-established business serving the entire Delmarva Peninsula. The acquisition by DB Home Designs in 2021 further strengthens the tenant's commitment and ensures long-term stability. Each of the three buildings is equipped with essential features for industrial operations, including loading docks and drive-in doors, providing ample space for manufacturing and storage. This prime location in the desirable Selbyville market, combined with a high-quality tenant and versatile industrial features, makes this a secure, income-producing asset ideal for investors seeking strong returns and long-term growth potential. The property offers a rare opportunity to acquire a stable, cash-flowing investment in a thriving market.

    Property Features for 7 Hosier Street Ext

    General Information

    Property type
    Industrial properties
    Lot Size
    49,223 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Selbyville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.22366
    Latitude
    38.46159

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    FAQs

    What type of property is this?
    Industrial property - High-yield industrial property with long-term tenant.
    Where is this industrial property located?
    The property is located at 7 Hosier Street Ext Selbyville, DE.
    What is the asking price?
    The asking price for this property is $2,350,000.
    (410) 543-5115
    Request Owner's contact information
    7 Hosier Street Ext Selbyville, DE 19975
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    Selbyville, DE 19975
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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
    7 Hosier Street Ext Selbyville, DE 19975
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