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    12441 Whitesville Rd Laurel, DE 19956

    For Sale
    $1,300,000

    34-acre salvage yard with licenses, shop, storage, and rental house.

    Property size:
    31,000 SF

    Property Features for 12441 Whitesville Rd

    General Information

    Size
    31,000 SF

    Source: Wesley Cox, CCIM Agent Wesley Cox, CCIM

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

    Overview

    Operating Salvage Yard with Licenses

    This is an active operating salvage yard, featuring a salvage license and permit. The real estate includes a 34-acre property with a 5,100 square foot retail and shop building in good condition, along with 25,000 square feet of covered storage used for parts inventory. The seller possesses 14 licenses related to the salvage business, auto retail and wholesale, towing, and recycling. A 9,000 lb lift and two 80-gallon air compressors are also included. Recent improvements include ditching, wastewater pond construction (EPA approved), and lot leveling. The property also features a 1,100 square foot brick rancher, currently leased. The current owner operates at a limited capacity as a "Pick & Pull" business, also scrapping vehicles. Growth opportunities include online parts sales, towing and impounding, and scrap metal. The property is located in Laurel, Delaware, providing access to US Route 13, the Port of Wilmington, a skilled workforce, and a business-friendly environment. The property has recent stormwater enhancements and regular EPA testing in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mitchell's Auto and Truck ... Used Auto Parts Store Timmy's Junkyard

    Suggested Use

    Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Electrical Service Electronics Store Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Sussex
    State
    Delaware
    Longitude
    -75.5280427
    Latitude
    38.4987286

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    FAQs

    What type of property is this?
    Self storage facility - 34-acre salvage yard with licenses, shop, storage, and rental house.
    Where is this self storage facility located?
    The property is located at 12441 Whitesville Rd Laurel, DE.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Turn-key salvage yard operation with salvage license & permit included.; - 34+/- acre property with a +/- 5,100 SF retail/shop building and 25,000 +/- SF covered storage.; - Includes 1,100 +/- SF leased brick rancher for immediate rental income.
    (410) 251-6408
    Request Owner's contact information
    12441 Whitesville Rd Laurel, DE 19956
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    Laurel, DE 19956
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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

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    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
    12441 Whitesville Rd Laurel, DE 19956
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