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    OFF-MARKET
    Land

    0 Industrial St, Long Neck, DE 19966

    36.98 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 36.98-acre parcel of land presents a significant investment opportunity in Millsboro, Delaware. Located on Industrial Street, this property is zoned for Light Industrial use, offering a wide range of potential applications. Permitted uses include agricultural operations, office spaces, light industrial processing and assembly, laboratories, warehousing and storage, and public uses. The property's APN is 2-33-5.00-12.02. The asking price is $1,725,000. Note that approximately 11.36 acres of the site are wetlands, and the location falls within a primary water recharge area. This strategically located land benefits from rail service provided by Norfolk Southern and proximity to Route 113, ensuring excellent accessibility and transportation links. The substantial lot size provides ample space for development, making it ideal for businesses seeking expansion or new construction. Serious inquiries are encouraged to explore the full potential of this valuable industrial land offering. This property is situated in Sussex County, Delaware, with a zip code of 19966. The city verified as Long Neck, DE.

    Property profile
    Verified
    Property type Land
    Lot 36.98 ac (1,610,849 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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