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Property profile & analytics
OFF-MARKET
Industrial properties

16727 Coastal Hwy Lewes, DE 19958

3.12 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional Lewes, DE industrial property offers four buildings totaling up to 13,000 square feet of customizable warehouse space. Located on Coastal Highway, this prime location provides outstanding visibility and accessibility, perfect for businesses serving the thriving beach economy. Each building features 16-foot ceilings and convenient roll-up doors, ideal for efficient loading and unloading. Units are available in sizes ranging from 1,000 to 3,500 square feet, offering flexibility to suit diverse business needs. The property is zoned C-1, accommodating a variety of light industrial, storage, and operational uses. With a leasing rate of $16 per square foot, this opportunity presents a compelling combination of location, flexibility, and value. Two buildings are 3,000 square feet each, and two are 3,500 square feet each. The 3.12-acre lot ensures ample space and potential for future expansion. This pre-leasing opportunity allows businesses to secure a strategic position in a high-traffic area with strong local and seasonal demand, benefiting from proximity to Lewes and other popular Delaware beach towns. Don't miss this chance to establish your business in this desirable coastal location.

Property profile
Verified
Property type Industrial properties
Year built 2024
Lot 3.12 ac (135,907 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
Current use
Occupant on record · Public records
  • Lennox Stores (Parts Plus) Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
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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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