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    30330 Sussex Hwy Laurel, DE 19956

    For Sale
    $825,000

    3.6 Acres, Office Building, Billboard Income

    Property size:
    864 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property in Laurel, Delaware, presents a unique investment opportunity. Encompassing two parcels totaling approximately 3.6 acres (232-12.00-49.00 and 232-12.00-51.00), the site boasts a strategically advantageous location near the high-traffic intersection of Routes 13 and 9. The property includes a substantial brick office building with a total square footage of 864 square feet, offering versatile space for various business needs. Adding to its income potential is an existing billboard, currently generating consistent annual rental income. Further enhancing the property's utility is an open shed, previously utilized as a dock for an adjacent auction block. The property's zoning allows for potential annexation into the Town of Laurel, providing future development flexibility and potentially increasing its value. This combination of existing income streams, versatile building space, and prime location makes this a compelling investment opportunity for discerning buyers seeking a strong return on investment in a thriving Delaware market. The property's size and location offer significant potential for future expansion or redevelopment, catering to a wide range of commercial ventures. Serious inquiries are encouraged.

    Property Features for 30330 Sussex Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    864 SF
    Lot Size
    156,816 SF

    Building Details

    Year Built
    1986
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Givens Dosse Inc Produce Market

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Sussex
    State
    Delaware
    Longitude
    -75.56373
    Latitude
    38.5709

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    FAQs

    What type of property is this?
    Commercial real estate - 3.6 Acres, Office Building, Billboard Income
    Where is this commercial real estate located?
    The property is located at 30330 Sussex Hwy Laurel, DE.
    What is the asking price?
    The asking price for this property is $825,000.
    (302) 877-8100
    Request Owner's contact information
    30330 Sussex Hwy Laurel, DE 19956
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    Laurel, DE 19956
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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
    30330 Sussex Hwy Laurel, DE 19956
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