Listing Agency: Compass

Listed By: Dustin Oldfather · License #RS-0017091 Show Phone

Source: Compass

Added: Oct 17, 2024 Changed: Oct 10 Last Checked: Oct 15 at 1:32AM

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Investment Insights

Based on property information with market context.

This is a 33+ acre parcel of land that is partially wooded and mostly cleared. It is currently farmed and is suitable for development. The property is located close to the Bayhealth Sussex Hospital. An adjacent 6-bedroom home with 6.5 bathrooms on 4 acres is also offered for sale under a separate listing.

Key Highlights

• Large 33+ acre parcel suitable for development.
• Close proximity to Bayhealth Sussex Hospital.
• Mostly cleared land, currently farmed.

Property Analytics

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Current Use

Troyer Masonry & Concrete ... General Contractor

Suggested Use

Top Pick Dental Office Auto Repair Shop Electrical Service Auto Parts Store HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Explore this area Business Placement

Demographics for 19960, DE

7,121

Population

2,509

Households

2.8

Avg Household Size

40

Median Age

14%

College-Educated

88%

High-School Grad

30.3 sq mi

ZIP Area

235

Density / Sq Mi

$66,929

Median Household Income

$29,651

Median Earnings

$1,306

Median Rent

$276,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - Development-ready 33+ acre parcel near Bayhealth Sussex Hospital.

Where is this agricultural land / farmland located?

The property is located at 20450 Elks Lodge Road Lincoln, DE.

What is the asking price?

The asking price for this property is $1,677,000.

What are key features of this property?

This property features: Large 33+ acre parcel suitable for development.; Close proximity to Bayhealth Sussex Hospital.; Mostly cleared land, currently farmed.