Current Use by Public Records
- Commercial real estate
Property Details for Hosier St
- Year built
- 1900
- Lot size
- 0.79 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Selbyville
- County
- SUSSEX
- State
- Delaware
- Longitude
- -75.2225
- Latitude
- 38.4619
