118 Park Ave Seaford, DE 19973
This exceptional 4.84-acre commercial/light industrial site, located within the established Seaford Industrial Park at 118 Park Avenue, Seaford, Delaware, presents a unique opportunity for immediate development. The property boasts pre-approved plans for up to five 10,000 square foot buildings, totaling approximately 50,000 square feet. However, the approved plans allow for flexibility in building configuration to suit diverse needs. All necessary groundwork has been completed, streamlining the construction process. The site's location within the industrial park ensures convenient access to essential utilities, including readily available water, sewer, and electricity connections. This significantly reduces upfront costs and accelerates project timelines. This prime location offers substantial advantages for businesses seeking to establish a new facility or for investors looking to develop and lease commercial/industrial rental properties. The property's size and pre-approved status make it an ideal investment for those seeking a quick return on investment. With all the necessary approvals obtained, only specific building permits are required to commence construction. This turnkey opportunity is perfect for developers and businesses seeking a strategic location in a thriving industrial area. Don't miss this chance to acquire a fully prepared site ready for immediate development.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.