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    18541 Main St Bridgeville, DE 19933

    Sponsored
    For Sale
    $1,200,000

    1.8-acre commercial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.8-acre commercial land parcel in Bridgeville, Delaware, presents a remarkable investment opportunity. Located at 18541 South Main St, in Sussex County (zip code 19933), this property is ideally situated between Routes 13 and 404, offering unparalleled access and visibility. The site is part of a proposed 40,000 square foot retail center, currently accepting offers for leasing units and/or pad site sales. The existing site plan includes a 21,000 square foot strip center featuring a 3,000 square foot drive-thru unit, plus multiple pad sites ranging from 5,000 to 5,000 square feet, some with drive-thru capabilities. The site plan is adaptable to accommodate various development needs. This location benefits from high traffic counts due to its position on the direct route from the Bay Bridge to Delaware's beach resorts, placing it within easy reach of a large tourist population. The property is adjacent to established businesses such as Wawa and Walgreens, and is near the Heritage Shores golf and retirement community. All utilities are conveniently located on-site, and the owner is open to exploring shared access arrangements for pad sites. Consider build-to-suit options, purchase, or ground lease arrangements. The potential for residential development across the street on Route 404 further enhances the long-term value of this strategic location.

    Property Features for 18541 Main St

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • 1.8‑acre commercial land parcel in Bridgeville, DE (19933), situated between Routes 13 and 404.
    • Proposed 40,000 SF retail center with a 21,000 SF strip center including a 3,000 SF drive‑thru unit, plus multiple 5,000 SF pad sites (some with drive‑thru potential).
    • Flexible site plan adaptable to various development needs.
    • Located near Heritage Shores golf and retirement community.
    • Adjacent to Wawa and Walgreens.
    • High‑traffic location on the direct route from the Bay Bridge to Delaware beaches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Don Chuy Mexican ... Restaurant

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.5923458
    Latitude
    38.7282341

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    FAQs

    What type of property is this?
    Land - 1.8-acre commercial land, prime location.
    Where is this land located?
    The property is located at 18541 Main St Bridgeville, DE.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 1.8-acre commercial land parcel in Bridgeville, DE (19933), situated between Routes 13 and 404.; Proposed 40,000 SF retail center with a 21,000 SF strip center including a 3,000 SF drive-thru unit, plus multiple 5,000 SF pad sites (some with drive-thru potential).; Flexible site plan adaptable to various development needs.
    Request Owner's contact information
    18541 Main St Bridgeville, DE 19933
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    Bridgeville, DE 19933
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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
    18541 Main St Bridgeville, DE 19933
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