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    18334 Coastal Hwy Lewes, DE 19958

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    For Sale
    Contact for pricing

    Professional office building with highway frontage and high visibility.

    Property size:
    6,340 SF

    Property Features for 18334 Coastal Hwy

    General Information

    Size
    6,340 SF

    Source: Wesley Cox, CCIM Agent Wesley Cox, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lewes Office Building on Coastal Highway

    This professional office building is located directly on Coastal Highway in Lewes, Delaware. The building offers 6,340 square feet of office space and features an office layout. The property could be delivered in turn-key condition. Located directly on Coastal Highway, the property benefits from high visibility and direct highway access. The location is on the busiest stretch of highway on all of Delmarva, with retail, restaurants, and office uses nearby. Additional parking could be created if needed, and there is a great signage opportunity. The property is a single-tenant building.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewes
    County
    Sussex
    State
    Delaware
    Longitude
    -75.1483733
    Latitude
    38.7409122

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    FAQs

    What type of property is this?
    Office building - Professional office building with highway frontage and high visibility.
    Where is this office building located?
    The property is located at 18334 Coastal Hwy Lewes, DE.
    What is the asking price?
    The asking price for this property is $25.
    What are key features of this property?
    This property features: - Prime location directly on Coastal Highway (Rt. 1) in Lewes, DE; - High-traffic area with excellent exposure and direct highway access; - Turn-key, 6,340 +/- square foot office building
    (410) 251-6408
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    18334 Coastal Hwy Lewes, DE 19958
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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
    18334 Coastal Hwy Lewes, DE 19958
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