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    26370-26396 Bay Farm Rd Millsboro, DE 19966

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    For Lease
    Contact for pricing

    Retail space available in a neighborhood shopping center.

    Property size:
    5,287 SF
    Lot size:
    11.62 Acres

    Property Features for 26370-26396 Bay Farm Rd

    General Information

    Size
    5,287 SF
    Lot size
    11.62 Acres

    Source: Compass Real Estate Agent Patti Reynolds

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

    Overview

    Retail Space in Grocery-Anchored Center

    General inline retail space is available for rent within a grocery-anchored neighborhood center. The property benefits from a convenient location at the signaled intersection of Route 24 and Bay Farm Road in Sussex County. The center serves a strong year-round residential market, supplemented by a large summer market of Delaware beach vacationers. Anchored by a Harris-Teeter grocery store, the center also features Domino's Pizza and a Walgreens Pharmacy. The surrounding area is characterized by high income levels, a dense population, and strong traffic counts. The property size is 5287 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -75.1949592
    Latitude
    38.6250798

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    FAQs

    What type of property is this?
    Retail space - Retail space available in a neighborhood shopping center.
    Where is this retail space located?
    The property is located at 26370-26396 Bay Farm Rd Millsboro, DE.
    What are key features of this property?
    This property features: - Grocery-anchored neighborhood center with Harris-Teeter.; - Convenient location at signaled intersection of Rte. 24 and Bay Farm Road.; - Strong year-round residential market and large summer vacation market.
    (443) 838-8925
    Request Owner's contact information
    26370-26396 Bay Farm Rd 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
    26370-26396 Bay Farm Rd Millsboro, DE 19966
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