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Property profile & analytics
OFF-MARKET
Land

0 De-404 Bridgeville, DE 19933

1.82 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.82-acre commercial parcel is strategically located at the intersection of Route 404 and Route 18 (Cannon Rd) in Bridgeville, Delaware, within the desirable Sussex County market. Zoned C-1 General Commercial, this property offers significant flexibility for a variety of commercial ventures. Benefitting from an average daily traffic count exceeding 11,000 vehicles, with increased volume during peak summer months, this location ensures high visibility and accessibility. The property's value is further enhanced by two existing income-generating billboard leases secured via land leases. Situated in Sussex County, the property avoids city taxes. Future development potential is supported by existing well and septic systems. The asking price is $299,000. This presents a compelling opportunity for investors seeking a high-traffic, versatile commercial site in a thriving Delaware market.

Property profile
Verified
Property type Land
Lot 1.82 ac (79,279 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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