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    32487 Long Neck Rd Millsboro, DE 19966

    For Sale
    $479,000

    1,000 SF Office/Retail Space - High Traffic Area

    Property size:
    1,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This meticulously maintained 1,000 square foot commercial building is situated on a 0.68-acre lot at 32487 Long Neck Road in Millsboro, Delaware. The property enjoys a prime location in a busy section of Long Neck Road, close to restaurants, a bank, and a gas/convenience store, ensuring high visibility and accessibility. Its convenient proximity to Route 24 (John J Williams Highway) further enhances its strategic value. The building itself is currently configured with two large separate rooms, a smaller office space, a combined living room/dining/kitchen area, and a full bathroom. A Florida room adds extra space, and a carpeted attic offers potential for renovation into additional living space or storage. Ample parking is available both in the driveway and at the rear of the property. The building is being sold "as is," and the permitted uses are detailed in the provided C-1 list of documents. The asking price is $479,000, and the owner will consider reasonable offers. This versatile property presents a unique opportunity for a variety of commercial ventures.

    Property Features for 32487 Long Neck Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,000 SF
    Lot Size
    29,621 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Millsboro
    County
    SUSSEX
    State
    Delaware
    Longitude
    -75.17728
    Latitude
    38.63148

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    FAQs

    What type of property is this?
    Commercial real estate - 1,000 SF Office/Retail Space - High Traffic Area
    Where is this commercial real estate located?
    The property is located at 32487 Long Neck Rd Millsboro, DE.
    What is the asking price?
    The asking price for this property is $479,000.
    (302) 674-3400
    Request Owner's contact information
    32487 Long Neck Rd Millsboro, DE 19966
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    Millsboro, DE 19966
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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
    32487 Long Neck Rd Millsboro, DE 19966
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