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    Rt. 113 & Pebblestone Ln Georgetown, DE 19947

    Sponsored
    For Sale
    $4,246,000

    70 Acres, AR-1 Zoning, $4.2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 70.78-acre commercial land parcel presents a unique investment opportunity in the thriving Georgetown, Delaware market. Situated at the intersection of Rt. 113 and Pebblestone Lane, this property boasts a highly desirable AR-1 zoning designation, opening doors to a wide range of commercial development possibilities. The expansive lot size offers ample space for large-scale projects, catering to diverse business needs. Georgetown's robust economy and burgeoning population create a strong foundation for significant return on investment. The strategic location provides excellent visibility and accessibility, further enhanced by its proximity to established retail and dining destinations. Nearby amenities include the Georgetown Plaza Shopping Center and a Walmart Supercenter, ensuring high foot traffic and convenient access for potential customers. This prime location offers unparalleled potential for developers seeking to capitalize on Georgetown's growth trajectory. The property's size and zoning make it suitable for a variety of commercial ventures, from retail centers and restaurants to office complexes and light industrial uses. The asking price is $4,246,000. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with exceptional potential for future growth and profitability. The property is located in Sussex County, Delaware, with a zip code of 19947.

    Property Features for 0 Rt. 113 & Pebblestone Ln

    General Information

    Property type
    Land
    Lot Size
    3,083,177 SF

    HighLights

    • High‑growth Georgetown, DE location offers strong commercial real estate investment potential.
    • Excellent retail and dining proximity, boosting customer traffic; near Georgetown Plaza Shopping Center and Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Sussex
    State
    Delaware
    Longitude
    -75.3594423
    Latitude
    38.6440378

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    FAQs

    What type of property is this?
    Land - 70 Acres, AR-1 Zoning, $4.2M
    Where is this land located?
    The property is located at Rt. 113 & Pebblestone Ln Georgetown, DE.
    What is the asking price?
    The asking price for this property is $4,246,000.
    What are key features of this property?
    This property features: High-growth Georgetown, DE location offers strong commercial real estate investment potential.; Excellent retail and dining proximity, boosting customer traffic; near Georgetown Plaza Shopping Center and Walmart.;
    (302) 674-3400
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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
    Rt. 113 & Pebblestone Ln Georgetown, DE 19947
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