37611 Row Boat Ln Rehoboth Beach, DE 19971
This exceptional 1.52-acre commercial land parcel presents a rare redevelopment opportunity in the heart of Rehoboth Beach, Delaware. Located just off heavily traveled Route 1, this property boasts a highly desirable C1 General Commercial zoning designation, opening doors to a wide array of development possibilities. Ideal uses could include senior living facilities (assisted living, memory care, skilled nursing, or continuing care retirement communities), luxury apartments or condominiums, workforce housing, medical offices, or a boutique hotel. The site benefits from central water and sewer access, simplifying infrastructure development. Its convenient location offers a short bike ride or drive to the renowned Rehoboth Beach, making it exceptionally attractive to both residents and tourists. Situated in Sussex County, this 1.52-acre lot (APN 334-19.08-35.00) is priced at $6,000,000, representing a compelling investment in a rapidly growing area. The scarcity of comparable parcels near the beach underscores the unique value of this opportunity. This property is a must-see for developers seeking a prime location for a high-impact project. The address is 37611 Row Boat Ln, Rehoboth Beach, DE 19971.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
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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.