High-Visibility Retail Office
For Sale
$1,499,000
18451 SUSSEX HIGHWAY, Bridgeville, DE 19933
A 3-acre site with a block building, HVAC, concrete floors, and ample parking along a heavily traveled corridor.
Property Size4,400 SF
Days on Market200
Property Features for 18451 SUSSEX HIGHWAY
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Land for Commercial Use
Taxes and HOA fees
Annual Taxes
$8,131
Building Details
Building Size
4,400 SF
Year Built
2000
Listing Agency:
RE/MAX Advantage Realty
Listed By:
TREY HARDESTY · License #RS-0018125
(302) 236-3344
Source:
Barnesrealestatecompany
Added: Mar 30
Changed: Oct 14
Last Checked: Oct 13 at 12:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage Realty
Investment Insights
Based on property information with market context.
The property consists of a 3-acre parcel improved with a 110-by-40 block building. The space features concrete floors, has heat and air, and is covered by a metal roof. The site also includes ample on-site parking and practical ingress/egress for customers and clients.
The building is positioned along highly traveled Route 13 in Bridgeville, Delaware, supporting high daily exposure. The property is described as offering strong visibility, with convenient access to surrounding towns and major routes.
This configuration suits a range of service-oriented and office users looking for straightforward, adaptable space. The concrete floors and in-place HVAC provide a ready baseline for everyday operations, while the on-site parking and high-traffic frontage support customer access. A permitted billboard on site is also listed as an available signage asset for branding or potential leasing.
The building is positioned along highly traveled Route 13 in Bridgeville, Delaware, supporting high daily exposure. The property is described as offering strong visibility, with convenient access to surrounding towns and major routes.
This configuration suits a range of service-oriented and office users looking for straightforward, adaptable space. The concrete floors and in-place HVAC provide a ready baseline for everyday operations, while the on-site parking and high-traffic frontage support customer access. A permitted billboard on site is also listed as an available signage asset for branding or potential leasing.
Key Highlights
- 3‑acre commercial parcel along heavily traveled Route 13 in Bridgeville, DE
- 110' x 40' block building with concrete floors
- HVAC and metal roof in the main building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,066
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,381,320
$1.4M
Cap Rate 7%
$986,657
$986.7K
Cap Rate 9%
$767,400
$767.4K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$113.0K $25.68/SF
− Vacancy
−$20.9K −$4.75/SF
EGI
$92.1K $20.93/SF
− OpEx
−$23.0K −$5.23/SF
NOI
$69.1K $15.70/SF
Area
Sussex County, DE
Vacancy
18.50%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,381,320
Cap Rate 7%
$986,657
Cap Rate 9%
$767,400
Alternative Uses
Best Use
Office B
$986.7K
$863.3K – $1.15M
NOI $69,066 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,638 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 19933, DE
9,784
Population
4,454
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
84%
High-School Grad
67.3 sq mi
ZIP Area
145
Density / Sq Mi
$61,261
Median Household Income
$36,269
Median Earnings
$1,021
Median Rent
$231,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - A 3-acre site with a block building, HVAC, concrete floors, and ample parking along a heavily traveled corridor.
Where is this office building located?
The property is located at 18451 SUSSEX HIGHWAY Bridgeville, DE.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 3‑acre commercial parcel along heavily traveled Route 13 in Bridgeville, DE; 110' x 40' block building with concrete floors; HVAC and metal roof in the main building
