Rt. 113 & Pebblestone Ln Georgetown, DE 19947
- Land
- 70.78 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rt. 113 & Pebblestone Ln
- Lot size
- 70.78 lot acres
- Property type
- Land
Description
This exceptional 70.78-acre commercial land parcel presents a unique investment opportunity in the thriving Georgetown, Delaware market. Situated at the intersection of Rt. 113 and Pebblestone Lane, this property boasts a highly desirable AR-1 zoning designation, opening doors to a wide range of commercial development possibilities. The expansive lot size offers ample space for large-scale projects, catering to diverse business needs. Georgetown's robust economy and burgeoning population create a strong foundation for significant return on investment. The strategic location provides excellent visibility and accessibility, further enhanced by its proximity to established retail and dining destinations. Nearby amenities include the Georgetown Plaza Shopping Center and a Walmart Supercenter, ensuring high foot traffic and convenient access for potential customers. This prime location offers unparalleled potential for developers seeking to capitalize on Georgetown's growth trajectory. The property's size and zoning make it suitable for a variety of commercial ventures, from retail centers and restaurants to office complexes and light industrial uses. The asking price is $4,246,000. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with exceptional potential for future growth and profitability. The property is located in Sussex County, Delaware, with a zip code of 19947.
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
- Georgetown
- County
- Sussex
- State
- Delaware
- Longitude
- -75.3594
- Latitude
- 38.644
