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    6Th St Odessa, DE 19730

    Sponsored
    For Sale
    $375,000

    3.5-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity in Odessa, Delaware. Strategically located on South Sixth Street (Route 13 – Dupont Highway), this property offers unparalleled visibility and accessibility. The lot is designated as Parcel #13-023.00-032 within unincorporated New Castle County. Its "S" Suburban zoning under the UDC opens doors to a variety of commercial development possibilities. Priced at $375,000, this property is ideal for developers seeking a build-to-suit project or businesses looking to establish a significant presence in a thriving Delaware community. The expansive acreage provides ample space for substantial construction, ensuring flexibility in design and functionality. The high-traffic location along Route 13 guarantees significant exposure to a large customer base. This is a rare chance to acquire a sizable, well-positioned commercial lot in a desirable area, offering substantial potential for growth and return on investment. The asking price allows for immediate acquisition or exploration of build-to-suit options with a lease agreement. Don't miss this opportunity to secure a prime piece of Delaware commercial real estate.

    Property Features for 0 6Th St

    General Information

    Property type
    Land
    Lot Size
    152,460 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odessa
    County
    New Castle
    State
    Delaware
    Longitude
    -75.66091
    Latitude
    39.458262

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    FAQs

    What type of property is this?
    Land - 3.5-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 6Th St Odessa, DE.
    What is the asking price?
    The asking price for this property is $375,000.
    Request Owner's contact information
    6Th St Odessa, DE 19730
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    Odessa, DE 19730
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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
    6Th St Odessa, DE 19730
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