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Long Neck Rd Millsboro, DE 19966

OFF-MARKET Commercial real estate Google Maps
2.68 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2.68-acre commercial parcel presents a rare opportunity in the thriving Millsboro, Delaware market. Located on heavily trafficked Long Neck Road (E Rt 22), between Lingo Lane and Rudder Road, this property boasts nearly 300 feet of road frontage, ensuring maximum visibility and accessibility. The land is currently vacant and offers significant potential for a wide range of commercial developments. Its strategic location within a bustling commercial area, surrounded by established retail and commercial businesses, makes it ideal for various uses. Consideration could be given to restaurants, retail establishments, medical facilities, daycare centers, banks, or even apartment complexes. This is one of the few remaining undeveloped commercial lots in the area, representing a unique chance to establish a prominent presence in a rapidly expanding market. The property is being offered for lease, sale, or build-to-suit, providing flexibility to suit individual needs and investment strategies. Don't miss this chance to secure a prime location in a high-growth area. Serious inquiries are encouraged. The property address is Long Neck Road E Rt 22, Millsboro, DE.

Property profile

Verified
Property type Commercial real estate
Lot 2.68 ac (116,741 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Marina
  • Food Market Restaurant
  • Restaurant
  • Hair Salon Nail Salon

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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