Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Kerlyn Dr, Millsboro, DE 19966

    200 SF 0.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional .78-acre commercial lot, situated on Kerlyn Drive in Millsboro, Delaware, presents a unique investment opportunity. Boasting 33,977 square feet of land and zoned C-1, this property offers a wide range of potential uses. Its prime location along Route 113 ensures high visibility and accessibility, making it ideal for businesses seeking strong exposure. The existing 200 square foot building could be utilized or removed to suit the tenant's needs. A significant advantage is the presence of a billboard on the property, offering an additional revenue stream of $1,000 per month through a separate lease agreement. All leases are structured as gross leases, simplifying financial management. The asking price is $2,000 per month gross. This property is located in Sussex County, Delaware, with a zip code of 19966. The versatile zoning allows for various commercial ventures, including but not limited to car wholesaling, storage facilities, or other suitable businesses. This is a rare opportunity to acquire a highly visible and adaptable commercial property in a thriving Delaware town. Don't miss out on this chance to establish your business in a prime location.

    Property profile
    Verified
    Property type Land
    Total area 200 SF
    Lot 0.78 ac (33,977 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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Kerlyn Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message