Development Land with Billboard
For Sale
Contact for pricing
6396 Summit Bridge Rd, Townsend, DE 19734
A 1.63-acre development property with an active billboard lease generating annual rental income.
Property SizeContact for details
Lot Size1.63 Acres
Days on Market193
Property Features for 6396 Summit Bridge Rd
General Information
Standard status
Active
Lot size
1.63 Acres
Property subtype
Land
Zoning
NCC "CR"
Net Operating Income
$4,800
Listing Agency:
LMT Commercial Realty, LLC.
Listed By:
Chris Moore · License #DE RB-0031128
Source:
Crexi
Added: Feb 26
Changed: Sep 4
Last Checked: Sep 6 at 10:05PM
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 LMT Commercial Realty, LLC.
Investment Insights
Based on property information with market context.
This development land offering totals 1.63 +/- acres and includes existing rental income through a billboard lease. The billboard lease is currently generating $4,800 in annual rental income, providing immediate cash flow while planning and approvals are pursued.
The cell phone tower lease has been terminated, which may allow for greater flexibility for future site development.
Best suited for owner-users or developers seeking a property with in-place income to help offset holding costs during the development timeline.
The cell phone tower lease has been terminated, which may allow for greater flexibility for future site development.
Best suited for owner-users or developers seeking a property with in-place income to help offset holding costs during the development timeline.
Key Highlights
- 1.63 +/- acre development property with an active billboard lease
- Billboard lease generates $4,800 in annual rental income
- Cell phone tower lease has been terminated, offering greater flexibility for future development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 19734, DE
14,116
Population
4,689
Households
3
Avg Household Size
39
Median Age
33%
College-Educated
95%
High-School Grad
79.9 sq mi
ZIP Area
177
Density / Sq Mi
$131,745
Median Household Income
$63,998
Median Earnings
$1,342
Median Rent
$426,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - A 1.63-acre development property with an active billboard lease generating annual rental income.
Where is this commercial land located?
The property is located at 6396 Summit Bridge Rd Townsend, DE.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1.63 +/- acre development property with an active billboard lease; Billboard lease generates $4,800 in annual rental income; Cell phone tower lease has been terminated, offering greater flexibility for future development
