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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    13 Rte, Delmar, DE 19940

    7.71 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 7.71 ac (335,848 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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