Kerlyn Dr Millsboro, DE 19966
- Commercial real estate
- 0.78 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Kerlyn Dr
- Lot size
- 0.78 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.78-acre commercial lot is strategically located along Route 113 in Millsboro, Delaware, offering unparalleled visibility and accessibility. Its C-1 zoning allows for a diverse range of commercial uses, making it an ideal investment opportunity for entrepreneurs seeking a prime location. Envision your business thriving in this high-traffic area, benefiting from the consistent flow of vehicles along this major thoroughfare. The property's versatility lends itself to various applications, including but not limited to car wholesaling, storage facilities, or other commercial ventures. A significant advantage is the existing billboard situated on the property, generating an additional monthly income stream of $900 through separate lease agreements. All leases associated with the property operate on a gross basis, simplifying financial management. The lot is currently available for lease at a monthly gross rate of $1500. This presents a unique chance to secure a well-positioned commercial space with substantial income potential. Don't miss this opportunity to establish your business in a thriving Delaware community. Contact us today to learn more about this exceptional property and its potential.
Value Estimations
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AI approach
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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
- -75.3107
- Latitude
- 38.594