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    OFF-MARKET
    Commercial real estate

    Long Neck Rd, Millsboro, DE 19966

    2.68 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • La Dolce Vita Restaurant
    • Malone's Bayside Marina Marina
    • Longneck Deli Food Market Restaurant
    • Bona Pizza Restaurant
    • PAM Hair Studio II Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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