Development Land with Billboard
6396 Summit Bridge Rd Townsend, DE 19734
For Sale
Contact for pricing
A 1.63-acre development property with an active billboard lease generating annual rental income.
Lot Size1.63 Acres
Days on Market147
Property Features for 6396 Summit Bridge Rd
General Information
- Standard status
- Active
- Lot size
- 1.63 Acres
- Property subtype
- Land
Listing Agency:
LMT Commercial Realty, LLC.
Listed By:
Chris Moore · License #DE RB-0031128
Source:
Crexi
Added: Feb 26
Changed: Jul 22
Last Checked: Jul 23 at 7:48AM
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
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
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
