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9320 Old Racetrack Rd Delmar, DE 19940

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For Sale
$1,300,000

4.66-acre property with existing warehouse and expansion plans.

Property size:
6,000 SF

Property Features for 9320 Old Racetrack Rd

General Information

Size
6,000 SF

Building Details

Year built
1989

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Listing Contact
George Merritt
Source: Naicoastal

Listing Agent: George Merritt

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

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Overview

Versatile Industrial Property with Expansion Potential

This 4.66-acre property is zoned Light Industrial (LI-2) and includes a 6,000 sq ft warehouse. The warehouse is equipped with four 14'x14' roll-up doors and individual access doors. The property offers options to occupy the entire space or lease out portions for income. The current owners are pursuing permits to construct an additional 6,000 sq ft of warehouse space and a further 6,000 sq ft of office space on the property's street frontage. An asphalt driveway and parking lot are in place. The building benefits from new electric service including 3 phase, a new metal roof, and LED lighting. Approximately 3.5 acres are fenced in with a new asphalt driveway and parking. The warehouse has a 22' ceiling height and the option for demising. Located one mile north of the Maryland border, the property may offer tax advantages.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Delmar
County
Sussex
State
Delaware
Longitude
-75.5778154
Latitude
38.4635532

FAQs

What type of property is this?
Warehouse - 4.66-acre property with existing warehouse and expansion plans.
Where is this warehouse located?
The property is located at 9320 Old Racetrack Rd Delmar, 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: - 4.66-acre Light Industrial (LI-2) property with significant expansion potential; permits being pursued for an additional 6,000 sq ft warehouse and 6,000 sq ft office space.; - Existing 6,000 sq ft warehouse featuring four 14'x14' roll-up doors, individual access doors, and demising options.; - New upgrades: Metal roof, LED lighting, and complete 3-phase electrical service (wiring and panel).
More about this property
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