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Georgetown Portfolio with Development Potential
For Sale
$1,490,000

106 E Laurel St, Georgetown, DE 19947

Portfolio of 5 properties with buildings and vacant land.

Property Size6,500 SF
Lot Size2.30 Acres
Price / SF$229.23
Days on Market197

Property Features for 106 E Laurel St

General Information

Standard status Active
Size 6,500 SF
Lot size 2.30 Acres

Building Details

Year Built 1972
Listing Agency: R&R Commercial Realty
Listed By: Keith Walpole, Marie Biro · License #RS-0014425
Source: Tbhteam
Added: Apr 24 Changed: Oct 25 Last Checked: Oct 7 at 5:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R&R Commercial Realty

Rey
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Investment Insights

Based on property information with market context.

This portfolio comprises five properties totaling approximately 2.300 acres. Included in the sale is a 6,500 square foot building located at 106 E Laurel St. Additionally, the portfolio features an empty lot at R/R Ave & Laurel St, an industrial building with a fenced lot at 23 Kimmey St, a garage at 101 Kimmey St, and an empty lot on Cedar St. The location has a bike score of 54, indicating it is bikeable, and a walk score of 59, suggesting it is somewhat walkable.

Key Highlights

  • Portfolio of 5 properties included in the sale.
  • Total of 2.300 +/- Acres included.
  • 106 E Laurel St: 6,500 +/- SF Building.**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 19947, DE

20,964
Population
6,972
Households
3
Avg Household Size
37
Median Age
18%
College-Educated
76%
High-School Grad
119.2 sq mi
ZIP Area
176
Density / Sq Mi
$68,529
Median Household Income
$35,227
Median Earnings
$1,298
Median Rent
$294,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Sussex County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Portfolio of 5 properties with buildings and vacant land.
Where is this commercial land located?
The property is located at 106 E Laurel St Georgetown, DE.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Portfolio of 5 properties included in the sale.; Total of 2.300 +/- Acres included.; 106 E Laurel St: 6,500 +/- SF Building.**
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