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    18541 Main St Bridgeville, DE 19933

    For Sale
    $2,750,000

    Six-acre prime retail site, high visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    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 Features for 18541 Main St

    General Information

    Property type
    Retail properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Don Chuy Mexican ... Restaurant

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.59221
    Latitude
    38.72829

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    FAQs

    What type of property is this?
    Retail property - Six-acre prime retail site, high visibility.
    Where is this retail property located?
    The property is located at 18541 Main St Bridgeville, DE.
    What is the asking price?
    The asking price for this property is $2,750,000.
    (410) 677-0909
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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
    18541 Main St Bridgeville, DE 19933
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