0 Seashore Hwy Georgetown, DE 19947
This exceptional 9.21-acre parcel of land presents a unique investment opportunity in Georgetown, Delaware. Situated on Seashore Highway (Route 18), this property boasts a convenient location with excellent access to local amenities and transportation routes. The land is zoned AR-1, permitting both agricultural and residential uses, offering considerable flexibility for development. The partially wooded lot provides a natural, scenic backdrop, while its size allows for a variety of potential projects. This versatile property is ideal for those seeking a rural setting with development potential. The current owner is willing to consider owner financing for a qualified buyer, making this an attractive option for those seeking flexible payment terms. The property's address is 0 N Seashore Hwy, Georgetown, DE 19947, and its precise coordinates are 38.70393730897293 latitude and -75.50986013268677 longitude. The asking price for this expansive land is $489,000. This represents a significant opportunity to acquire a substantial piece of land in a desirable Delaware location. Serious inquiries are encouraged.
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.