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    OFF-MARKET
    Land

    13 Rte, Delmar, DE 19940

    6.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.12-acre commercial land parcel is strategically located on West Route 13 in Delmar, Delaware, within Sussex County, zip code 19940. The property boasts a highly desirable C-1 zoning designation, offering a wide range of development possibilities. Its prime location ensures significant visibility and accessibility, with an estimated daily traffic count exceeding 25,000 vehicles. This presents a unique opportunity for businesses seeking high exposure and convenient access to a substantial customer base. The asking price for this substantial parcel is $770,000. An additional 1.57 acres is also available for an additional $180,000, providing potential for expansion or further development. This property is ideal for a variety of commercial ventures, capitalizing on its high-traffic location and flexible zoning. The coordinates are 38.4842444 latitude and -75.5578228 longitude. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 6.12 ac (266,587 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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