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    16727 Coastal Hwy Lewes, DE 19958

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    For Sale
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    Coastal Highway, Customizable Units

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional Lewes, DE industrial property offers four buildings totaling up to 13,000 square feet of customizable warehouse space. Located on Coastal Highway, this prime location provides outstanding visibility and accessibility, perfect for businesses serving the thriving beach economy. Each building features 16-foot ceilings and convenient roll-up doors, ideal for efficient loading and unloading. Units are available in sizes ranging from 1,000 to 3,500 square feet, offering flexibility to suit diverse business needs. The property is zoned C-1, accommodating a variety of light industrial, storage, and operational uses. With a leasing rate of $16 per square foot, this opportunity presents a compelling combination of location, flexibility, and value. Two buildings are 3,000 square feet each, and two are 3,500 square feet each. The 3.12-acre lot ensures ample space and potential for future expansion. This pre-leasing opportunity allows businesses to secure a strategic position in a high-traffic area with strong local and seasonal demand, benefiting from proximity to Lewes and other popular Delaware beach towns. Don't miss this chance to establish your business in this desirable coastal location.

    Property Features for 16727 Coastal Hwy

    General Information

    Property type
    Industrial properties
    Lot Size
    135,907 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Lennox Stores (Parts ... Air Conditioning System Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewes
    County
    Sussex
    State
    Delaware
    Longitude
    -75.19536
    Latitude
    38.75793

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    FAQs

    What type of property is this?
    Industrial property - Coastal Highway, Customizable Units
    Where is this industrial property located?
    The property is located at 16727 Coastal Hwy Lewes, DE.
    (302) 674-3400
    Request Owner's contact information
    16727 Coastal Hwy Lewes, DE 19958
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    Lewes, DE 19958
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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
    16727 Coastal Hwy Lewes, DE 19958
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