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Property profile & analytics
OFF-MARKET
Commercial real estate

Hosier St Selbyville, DE 19975

0.79 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional .79-acre commercial lot presents a unique investment opportunity in the thriving town of Selbyville, Delaware. Strategically located less than 800 feet from the intersection of Route 113 (Dupont Highway) and Route 399/Hosier Drive, this corner lot boasts unparalleled visibility and accessibility. Approved in 2020 by the Town of Selbyville for the construction of four 2,400 square foot warehouse buildings, this property offers a streamlined path to development. Existing plans are available for review and can be adapted to suit individual needs or entirely replaced with alternative designs. The property's significant advantage lies in the readily available city water and sewer services, eliminating the complexities and costs often associated with infrastructure development. This prime location, combined with the pre-approved plans and convenient utilities, makes this an ideal site for investors seeking a quick return or developers looking to capitalize on the growing demand for commercial space in the Selbyville area. The existing approvals significantly reduce the time and expense typically involved in obtaining necessary permits and approvals, making this a truly exceptional opportunity. Don't miss out on this chance to acquire a highly desirable commercial property in a rapidly developing area.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Lot 0.79 ac (34,412 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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