12771 Sussex Hwy Rte Greenwood, DE 19950
This exceptional 22.25-acre commercial parcel presents a remarkable investment opportunity in Greenwood, Delaware. Strategically located on Route 13, Sussex Highway E, this property boasts unparalleled visibility and accessibility for businesses seeking high traffic exposure. The land is ideally suited for a wide range of commercial developments, including high-density housing, fast-food restaurants, strip malls, or a shopping center. The possibilities are virtually limitless, given the significant acreage and prime location. Existing infrastructure includes an entrance access road and a completed stormwater management system, streamlining the development process and reducing upfront costs. The property's availability of water and sewer services further enhances its appeal to potential developers. This is a rare chance to acquire a substantial commercial tract in a thriving area with significant growth potential. Owner financing options are available, making this an even more attractive proposition for qualified buyers. Don't miss this exceptional opportunity to secure a prominent location on a major Delaware highway. Contact us today to learn more about this exciting development prospect.
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
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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.