13 Of Iron Hl Rd Delmar, DE 19940
- Land
- 2.50 lot acres
Current Use by Public Records
- Land
Property Details for 13 Of Iron Hl Rd
- Lot size
- 2.50 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Delmar, Delaware. The property consists of two parcels strategically located along Route 13, a major thoroughfare. One parcel, encompassing approximately 2.5 acres, is situated on the southbound lane of Route 13, offering high visibility and convenient access for businesses. Its proximity to U.S. 13 Dragway and Delaware International Speedway provides significant potential for attracting customers. The second parcel, significantly larger at approximately 17.5 acres, is located on the northbound lane of Route 13, providing ample space for development. Both parcels are zoned as Highway/Regional Commercial District within the Town of Delmar, allowing for a wide range of commercial uses. Investors have the option to purchase either parcel individually – the 2.5-acre parcel for $225,000 or the 17.5-acre parcel for $400,000 – or acquire both for a combined total of over 20 acres for $500,000. This presents a compelling opportunity to secure a substantial land holding in a high-traffic location with significant development potential. The property's location in Sussex County, Delaware, and its proximity to major roadways ensures excellent accessibility and visibility. This is an ideal investment for developers seeking to capitalize on the growing commercial landscape in this dynamic area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delmar
- County
- Sussex
- State
- Delaware
- Longitude
- -75.5519
- Latitude
- 38.4779
