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    Rt 13 Delmar, DE 19940

    For Sale
    Contact for pricing

    New Retail Development, High Traffic, Flexible Leasing

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional new retail development, situated on 14.81 acres of land along Route 13 in Delmar, Delaware, presents a unique investment opportunity. The project, slated for completion in Fall 2025, offers a diverse range of leasing options, catering to businesses of all sizes. Spaces are available from 1,000 square feet to 42,000 square feet, providing flexibility for various retail concepts. The strategic location on Route 13 ensures high visibility and accessibility, attracting significant foot traffic. The modern design incorporates ample parking to accommodate customers and employees. Potential for outdoor seating adds to the appeal, creating a welcoming atmosphere for shoppers. This development is designed to attract both national chains seeking prime retail space and local businesses looking to establish a presence in a thriving commercial area. The project's thoughtful planning and prime location make it an ideal choice for businesses seeking to capitalize on a high-traffic area with excellent visibility. The expansive 14.81-acre site allows for ample space and potential for future expansion. The anticipated completion date in Fall 2025 provides ample time for prospective tenants to plan their move and prepare for opening. This is a rare opportunity to secure a space in a brand-new, well-planned retail center in a high-growth area.

    Property Features for Rt 13

    General Information

    Property type
    Retail properties
    Lot Size
    645,124 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Delmar
    County
    Sussex
    State
    Delaware
    Longitude
    -75.564
    Latitude
    38.47

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    FAQs

    What type of property is this?
    Retail property - New Retail Development, High Traffic, Flexible Leasing
    Where is this retail property located?
    The property is located at Rt 13 Delmar, DE.
    (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
    Rt 13 Delmar, DE 19940
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