Kerlyn Dr Millsboro, DE 19966
- Land
- 200 SF
- 0.78 lot acres
Current Use by Public Records
- Land
Property Details for 0 Kerlyn Dr
- Lot size
- 0.78 lot acres
- Property size
- 200 SF
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millsboro
- County
- Sussex
- State
- Delaware
- Longitude
- -75.3108
- Latitude
- 38.594
