0 De-404 Bridgeville, DE 19933
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.