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Property profile & analytics
FOR SALE
Commercial real estate

18541 South Main St Bridgeville, DE 19933

1.95 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US17-0190709
Property summary
AI-generated overview

This exceptional six-acre development presents a lucrative investment opportunity in the thriving town of Bridgeville, Delaware. Strategically located with excellent access and high visibility from the heavily trafficked intersection of Route 13/404 and South Main Street, this property offers unparalleled potential. The current plan encompasses a substantial 21,000 square foot strip center, complemented by multiple pad sites ranging from 2,500 to 5,000 square feet, and a multi-unit commercial building. However, the development plan is flexible and can be tailored to meet the specific requirements of the buyer, allowing for customization and maximizing investment returns. All utilities are conveniently located on-site and fully operational, ensuring a seamless and efficient development process. The property currently includes existing buildings, some of which generate lease income, providing immediate cash flow and a solid foundation for future expansion. The phased development approach offers flexibility, allowing for a strategic and manageable construction timeline to suit the buyer's financial plan and preferences. This is a rare opportunity to acquire a prime retail development site in a rapidly growing market. Don't miss out on this chance to shape the future of Bridgeville's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.95 ac (84,942 SF)
Zoning code TN
APN 131-15.00-7.00
UPID US17-0190709
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
  • Don Chuy Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bridgeville Propeerties LLC · 7 yrs held
Bridgeville Propeerties LLC
since 2018
2 recorded transactions
2018
$1.8M
2006
$230,000
Zoning & alternative use
TN · Bridgeville, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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