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    18344 Coastal Hwy Lewes, DE 19958

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    For Lease
    $25 SF/Yr ($13,208 /Mo)

    Professional office building with direct highway frontage in Lewes, DE.

    Property size:
    6,340 SF
    Lot size:
    0.96 Acres

    Property Features for 18344 Coastal Hwy

    General Information

    Size
    6,340 SF
    Lot size
    0.96 Acres

    Source: SVN - Miller | Salisbury Agent Wesley Cox

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

    Overview

    Lewes Office Building on Highway

    This professional office building, totaling 6,340 square feet, fronts Route 1 Coastal Highway in Lewes, Delaware. The building previously housed a residential real estate office and features an office layout. It could be delivered in turn-key condition. Additional parking can be created if needed. A prior tenant had a large monument sign on the highway, and a new tenant could apply to have one as well. The property offers high visibility with direct highway access and signage opportunities. It is a single-tenant building.
    Location Intelligence

    Current Use by Public Records

    Thomas Schoenbeck, Keller ... Real Estate Agent Dana Hess, Realtor ... Real Estate Agent Walter Taraila, Keller ... Real Estate Agent Miguel Montalvo, Keller ... Real Estate Agent Cordell Batson, Keller ... Real Estate Agent

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewes
    County
    Sussex
    State
    Delaware
    Longitude
    -75.1481958
    Latitude
    38.7406954

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    FAQs

    What type of property is this?
    Office building - Professional office building with direct highway frontage in Lewes, DE.
    Where is this office building located?
    The property is located at 18344 Coastal Hwy Lewes, DE.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Highly coveted Rt. 1 Coastal Highway location; - Great exposure with direct highway access; - 6,340 +/- square feet single-tenant building
    (410) 251-6408
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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
    18344 Coastal Hwy Lewes, DE 19958
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