12500 Sussex Hwy Greenwood, DE 19950
This exceptional 5.4-acre parcel is ideally situated on the southbound side of Sussex Highway (US Route 13) in Greenwood, Delaware. Located within the city limits, this property benefits from a business-friendly environment and offers significant potential for retail development. The convenient location on a major thoroughfare ensures high visibility and accessibility for customers. The asking price is $750,000. Public water and sewer services are readily available, simplifying the development process and reducing infrastructure costs. The property's APN is 1102600016. This land presents a unique opportunity for investors and developers seeking a prime location for a retail establishment in a growing Delaware community. The expansive lot size allows for considerable flexibility in design and development, accommodating a variety of retail concepts. Its strategic placement on US Route 13 guarantees substantial traffic flow, maximizing exposure and potential customer reach. This is a rare opportunity to acquire a well-positioned retail pad in a desirable location. The address is 12500 Sussex Highway, Greenwood, DE 19950. The property is conveniently located in Sussex County.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.