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    Property profile & analytics

    32487 Long Neck Rd Millsboro, DE 19966

    • Commercial real estate
    • 0.68 lot acres
    For Sale
    View listing
    $479,000
    Value Estimation
    Location Intelligence
    Property ID
    US17-0109152
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 32487 Long Neck Rd

    Lot size
    0.68 lot acres
    Property type
    Commercial real estate
    APN
    234-23.00-305.00

    Description

    This exceptional 0.68-acre commercial property, located at 32487 Long Neck Rd, Millsboro, Delaware 19966 (APN 234-23.00-305.00), presents a unique investment opportunity. Zoned C-1, this land offers versatile usage potential. The existing 1,000 square foot building, while sold "as is," provides immediate possibilities for office, professional, or other commercial uses. The building currently features two large rooms, a smaller office space, a combined living/dining/kitchen area, a full bathroom, and a Florida room. An additional carpeted attic offers potential for renovation and expansion of living space. Ample parking is available both in the driveway and at the rear of the property. This meticulously maintained property enjoys a prime location on Long Neck Road, near restaurants, a bank, gas station, convenience store, and with close proximity to Route 24 (John J Williams Hwy). The property's strategic location and zoning make it an ideal investment for entrepreneurs and developers seeking a foothold in a thriving commercial area. The asking price is $479,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Millsboro
    County
    Sussex
    State
    Delaware
    Longitude
    -75.17739232869
    Latitude
    38.631275639801

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    32487 Long Neck Rd
    Millsboro, DE 19966
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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