13 Rte Delmar, DE 19940
- Commercial real estate
- 7.71 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 13 Rte
- Lot size
- 7.71 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property presents a unique investment opportunity in Delmar, Delaware. The offering encompasses approximately 6.14 acres of commercially zoned land (C-1 designation) strategically situated along the southbound lanes of Sussex Highway (Route 13), just north of Iron Hill Road. This high-traffic location ensures excellent visibility and accessibility for any commercial venture. The property's zoning allows for a wide range of potential uses, making it ideal for businesses seeking a prominent presence in a growing area. The expansive acreage provides ample space for development, accommodating substantial building footprints and ample parking. Further enhancing the potential, there's an option to acquire an additional 1.57 acres for $180,000, expanding the total land area to approximately 7.71 acres. This presents a significant opportunity to secure a larger footprint for a more ambitious project. The asking price for the initial 6.14 acres is $750,000. This prime commercial land offers a compelling investment opportunity with significant potential for future growth and profitability. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delmar
- County
- Sussex
- State
- Delaware
- Longitude
- -75.564
- Latitude
- 38.47
