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    Seashore Hwy Georgetown, DE 19947

    Sponsored
    For Sale
    $489,000

    Residential & Agricultural Land - Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.21-acre parcel of land presents a unique investment opportunity in Georgetown, Delaware. Situated on Seashore Highway (Route 18), this property boasts a convenient location with excellent access to local amenities and transportation routes. The land is zoned AR-1, permitting both agricultural and residential uses, offering considerable flexibility for development. The partially wooded lot provides a natural, scenic backdrop, while its size allows for a variety of potential projects. This versatile property is ideal for those seeking a rural setting with development potential. The current owner is willing to consider owner financing for a qualified buyer, making this an attractive option for those seeking flexible payment terms. The property's address is 0 N Seashore Hwy, Georgetown, DE 19947, and its precise coordinates are 38.70393730897293 latitude and -75.50986013268677 longitude. The asking price for this expansive land is $489,000. This represents a significant opportunity to acquire a substantial piece of land in a desirable Delaware location. Serious inquiries are encouraged.

    Property Features for 0 Seashore Hwy

    General Information

    Property type
    Farms
    Lot Size
    401,188 SF

    HighLights

    • $489,000 asking price.
    • 9.21‑acre land parcel.
    • Located on Seashore Highway (Rt 18) in Georgetown, Delaware.
    • AR‑1 zoning.
    • Owner financing considered for qualified buyers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Sussex
    State
    Delaware
    Longitude
    -75.509860132687
    Latitude
    38.703937308973

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    FAQs

    What type of property is this?
    Farm - Residential & Agricultural Land - Owner Financing Available
    Where is this farm located?
    The property is located at Seashore Hwy Georgetown, DE.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: $489,000 asking price.; 9.21-acre land parcel.; Located on Seashore Highway (Rt 18) in Georgetown, Delaware.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Seashore Hwy Georgetown, DE 19947
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