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Property profile & analytics
OFF-MARKET
Land

0 Zoar Rd And Sussex Pne Rd Georgetown, DE 19947

24.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 24.55-acre parcel presents a unique investment opportunity in Georgetown, Delaware. Located at the intersection of Zoar Road and Sussex Pines Road, this property boasts a highly desirable TN zoning designation, allowing for a blend of commercial and residential development. Its strategic location offers easy access to Route 113, ensuring convenient north-south commuting. The property is situated within Georgetown's town limits, providing access to municipal water and sewer services. A preliminary, unapproved concept drawing suggests the potential for a 54-lot residential subdivision, although this is for illustrative purposes only and should not be considered a guaranteed outcome. The land's proximity to Delmarva Christian High School across Sussex Pines Road adds further appeal. This versatile property is ideal for developers seeking to capitalize on the growing Georgetown market, offering the potential for a variety of development options. Detailed information, including the preliminary lot plan, is available upon request. The asking price for this significant land holding is $1,850,000. Serious inquiries are encouraged. This is a rare opportunity to acquire a substantial tract of land in a thriving Delaware community. Don't miss out on this chance to shape the future of Georgetown.

Property profile
Verified
Property type Land
Lot 24.55 ac (1,069,398 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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