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    Hosier St Selbyville, DE 19975

    For Sale
    $395,000

    Prime .79-acre corner lot, approved for warehouse development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional .79-acre commercial lot presents a unique investment opportunity in the thriving town of Selbyville, Delaware. Strategically located less than 800 feet from the intersection of Route 113 (Dupont Highway) and Route 399/Hosier Drive, this corner lot boasts unparalleled visibility and accessibility. Approved in 2020 by the Town of Selbyville for the construction of four 2,400 square foot warehouse buildings, this property offers a streamlined path to development. Existing plans are available for review and can be adapted to suit individual needs or entirely replaced with alternative designs. The property's significant advantage lies in the readily available city water and sewer services, eliminating the complexities and costs often associated with infrastructure development. This prime location, combined with the pre-approved plans and convenient utilities, makes this an ideal site for investors seeking a quick return or developers looking to capitalize on the growing demand for commercial space in the Selbyville area. The existing approvals significantly reduce the time and expense typically involved in obtaining necessary permits and approvals, making this a truly exceptional opportunity. Don't miss out on this chance to acquire a highly desirable commercial property in a rapidly developing area.

    Property Features for Hosier St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    34,412 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Selbyville
    County
    SUSSEX
    State
    Delaware
    Longitude
    -75.22252
    Latitude
    38.46189

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .79-acre corner lot, approved for warehouse development.
    Where is this commercial real estate located?
    The property is located at Hosier St Selbyville, DE.
    What is the asking price?
    The asking price for this property is $395,000.
    (410) 677-0909
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    Hosier St 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
    Hosier St Selbyville, DE 19975
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