Property profile

20354 Sussex Hwy Bridgeville, DE 19933

FOR LEASE
Commercial real estate
Property ID
US17-0318924
5.77 ac lot
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 30,000-square-foot industrial property, located at 20354 Sussex Highway in Bridgeville, Delaware, presents a significant opportunity for businesses seeking flexible and spacious warehouse or flex space. The entire building is currently vacant and available for immediate occupancy, offering a single-tenant environment ideal for a variety of uses. Situated in Sussex County, this property boasts a prime location with convenient access to major transportation routes, making logistics and distribution seamless. The building's 30,000 square feet provide ample room for operations, storage, and office space, catering to businesses requiring significant space. The "flex" designation allows for adaptable configurations to suit specific operational needs, blending warehouse and office functionality. This single-tenant occupancy ensures exclusive use and control over the entire facility. The property's address is 20354 Sussex Hwy, Bridgeville, DE 19933. This is a rare opportunity to secure a substantial, fully vacant industrial space in a desirable Delaware location. The property is classified as industrial, with a subtype of both flex and warehouse space. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5.77 ac (251,341 SF)
Zoning code HI-1
APN 131-19.00-5.00
UPID US17-0318924

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

20354 Sussex Hwy Bridgeville, DE 19933
Bridgeville metro Census 50304 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2008
4 recorded transactions
2017
Price N/A
2008
$700,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HI-1 · Bridgeville, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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