Hosier St Selbyville, DE 19975
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.